“Car prices have stabilized”: the government sees no reason for further growth

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Deputy Prime Minister – Head of the Ministry of Industry and Trade of the Russian Federation Denis Manturov said that prices in the Russian car market have generally stabilized, parallel imports of foreign cars will not significantly affect them. He noted that logistics routes, the organization and production process, the supply of components, their production, a more predictable situation with exchange rates indicate that there will be no further increase in car prices.

At the same time, Manturov did not rule out the improbability of a drop in prices for cars of foreign brands, which were added to the list of parallel imports this week.

*This material was created by a person who has the status of a foreign agent in the Russian Federation.

“How can the price be lowered while both global and domestic inflation persist? At least because of the level of proinflation, prices will always move forward. The question is how much,” he said.

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Source: RIA Novosti

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