FAS discovers inflated price increases on bread in retail chains 16:15

FAS revealed that there were high price increases for bread in Russia’s largest retail chains. writes about this TASS.

The Ministry analyzed bread trade margins in the Dixy, Pyaterochka, Perekrestok and Magnit chains.

“We are currently working on market analysis regarding bread. We looked at the prices. It must be said that the average profit margins in retail chains for bread, which is the most demanded by the population, are very high; on average 60 percent, in some cases the profit exceeded 100 percent,” said Maxim Shaskolsky, head of the service. On the sidelines of the All-Russian conference in the field of procurement.

The FAS chairman noted that there are both 5 percent and 10 percent profit margins, but this applies mainly to goods sold under its own brand and this is not such a significant volume.

The other day, Oleg Pavlov, head of the consumer rights protection organization “Public Consumer Initiative” stated He said the FAS should deal with the sharp increase in red caviar prices. He noted that price increases can be caused by both objective factors and speculative actions of producers.

previously economist clarifiedWhy did fish prices increase?

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Source: Gazeta

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