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Russia:Food prices will rise

  • 12 Sep 09:54

Food prices in Russia are forecasted to rise. This is reported by RBC with reference to the largest associations of manufacturers and retailers. It is noted that price increases may be provoked by new fines, which the Ministry of Industry and Trade proposed to introduce as sanctions for violations of the requirements of the Customs Union. Here we are talking about a fine of 3% of the annual income received from the sale of products. At the same time, at least 2 million rubles will be charged. The measure of responsibility is planned to apply to manufacturers and sellers who have violated the technical regulations of the Customs Union. If the law is adopted, amendments. Read more...