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All news / The State Duma recommended limiting margins on essential products

  • 22 Dec 2022, 10:37

In Russia, the list of socially significant products includes 24 products. The Ministry of Economic Development said earlier that the revision of the list was not discussed. Nevertheless, the State Duma proposed to limit the margins on these products at the level of 10-15%The State Duma recommended limiting margins on essential products

The State Duma recommended that the government consider limiting trade margins on essential products at the level of 10-15%. This is reported by RIA Novosti with reference to the decision of the lower house following the results of the government hour with the head of the Ministry of Agriculture Dmitry Patrushev.

“Consider the issue of introducing state regulation of trade margins for essential food products at the level of 10-15%,” the resolution says.

Currently, the list of socially significant products includes 24 products, including certain types of meat (beef, pork and lamb - except for boneless meat, as well as chicken), frozen whole fish, butter (butter and sunflower), drinking milk and eggs, bread and flour, cereals (millet, polished rice, buckwheat), vegetables (potatoes, fresh white cabbage, onions and carrots), as well as apples.

Earlier, RANEPA experts proposed to exclude beef and apples from the list of socially significant products. In their opinion, the share of such products in the expenses of Russians is small, and the restriction of prices for them has mainly a positive result in the form of a “psychological effect”. In addition, experts pointed out that in 2013–2016 and 2020–2021, food prices grew faster than the nominal cash income of the population. After the publication of the material, the Ministry of Economic Development stated that the revision of the list of socially significant products was not discussed.

In early April, a survey conducted by VTsIOM showed that many Russians were forced to change their consumer habits against the backdrop of Western sanctions. In particular, about half (47%) of the respondents complained about the lack of common goods in stores. Most often, consumers paid attention to the lack of salt (9%), buckwheat (6%), drugs (5%) and personal care products (4%).