Kyrgyzstan sets maximum prices for bread

Published Oct 11, 2023

Tridge summary

The Kyrgyzstan government has implemented state regulation of bread prices in an effort to maintain price uniformity and prevent speculators from profiting. Maximum prices for wheat bread and tandoor flatbreads have been established for both wholesale and retail. The Antimonopoly Regulation Service plans to conduct daily monitoring with local authorities to ensure price stability.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

State regulation of bread prices has been officially introduced in Kyrgyzstan. This was announced on October 10 during a press conference in Bishkek by the Deputy Chairman of the Antimonopoly Regulation Service under the Ministry of Economy and Commerce of the Kyrgyz Republic Zheenaly Orozbaev and the Head of the Antimonopoly Regulation Department of the ATS under the Ministry of Economic Commission of the Kyrgyz Republic Sanzhar Kokosherov. Maximum prices for bread (wholesale and retail) will be established according to the Order within 3 days. Thus, wholesale prices for wheat bread made from first grade flour (mold), depending on the region, should not exceed 52.5-56.5 soms per 1 kg, retail prices - 62.5-65 soms per 1 kg. Tandoor flatbreads should be sold at maximum prices of 89-99 soms per 1 kg (wholesale) and 100-116 soms per 1 kg (retail). As the press service of the Ministry of Economy notes, the introduction of state regulation of bread prices will help maintain uniformity ...
Source: Zol

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