Ministry of Trade of the Republic of Kazakhstan: “In the near future, prices for cucumbers and tomatoes will decrease in Kazakhstan”

Published 2024년 3월 20일

Tridge summary

The Republic of Kazakhstan has launched 380 administrative proceedings this year due to violations including excessive trade markup on essential food items. The Ministry of Trade's territorial departments have imposed fines totaling over 4 million tenge. Despite this, food inflation stands at 7.4%, which is still lower than the five-year average of 9.3%. The most significant price hikes have been observed in cucumbers, tomatoes, and bananas, with the increase in food prices being attributed to factors such as the state of agriculture, long distances, underdeveloped agriculture, and import dependence.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since the beginning of the year, 380 administrative proceedings have been initiated in the Republic of Kazakhstan for exceeding the trade markup on socially significant food products and other violations The activities of regional commissions to investigate intermediary schemes in the field of trade were considered at an extended meeting, which was chaired by Deputy Prime Minister Serik Zhumangarin, the portal Agrosektor.kz reports with reference to the press service of the Government. "Since the beginning of the year, 275 meetings have been held, 341 unproductive intermediaries have been identified and the fact that the trade markup on socially important food products has been exceeded. As part of state control, the territorial departments of the Ministry of Trade have initiated 380 administrative proceedings. Fines have been collected in the amount of more than 4 million tenge, 345 administrative decisions have been issued, from of which 298 were for exceeding the trade markup,” ...
Source: Agrosektor

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