Russia: The expert denied the information about the rise in prices for bread in autumn

Published 2023년 8월 22일

Tridge summary

The head of the Russian Grain Union, Arkady Zlochevsky, has denied reports of possible price increases for bread in the fall, stating that the Russian authorities closely monitor bakery product prices. Despite a good harvest and falling prices, Zlochevsky claims that bakers are under pressure from all levels of government to not raise prices, even as costs continue to rise. Previous reports suggested that bread prices in Russia would increase by 10% in the autumn due to Moscow's withdrawal from a grain deal and sanctions.
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Original content

The head of the Russian Grain Union, Arkady Zlochevsky, denied reports of a possible increase in bread prices in the fall, writes NSN. The expert said that the Russian authorities especially control the prices of bakery products. “The harvest was good, prices turned around again and are falling. It is impossible to understand how bread is tied to a course that is weakening. Bakers have subsidies, but there are few of them, so it is not necessary to count on additional funds. But that's not the reason. All levels of government are putting pressure on bakers, God forbid to raise prices even by a penny, while costs are growing more ...
Source: Otr-online

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