Deputy Prime Minister Victoria Abramchenko stated that food prices across Russia are stabilizing, according to RIA News.
She noted that price stabilization has been achieved and that the measures implemented by the Council of Ministers are producing results. The deputy prime minister explained that the Government Coordination Center employs a set of tools and an event-based system, with customs and tariff regulation activated when price pressures arise in a region, a specific sector, or certain groups of goods.
Abramchenko illustrated this approach with a case involving eggs at the end of the previous year. It was subsequently decided that 1.2 billion eggs would be imported duty-free to help ease supply and keep prices in check.
She avoided making early forecasts about the level of pro-inflationary pressure by year-end, emphasizing the government’s focus on monitoring and adjusting measures as necessary.
Earlier, Petr Shelishch, president of the Russian Consumer Union, commented that the permission granted to the Federal Antimonopoly Service (FAS) to disregard global indicators in evaluating price levels for certain goods would not automatically apply to consumer goods, suggesting a nuanced approach to monopoly pricing in everyday markets.
Russians have been watching for signs of price relief across essential commodities, with discussions centered on when declines in primary and secondary material costs might be expected and how policy tools can influence consumer affordability in the months ahead.