Nabiullina sees no reason for a jump in food prices

MOSCOW, February 12 – RIA Novosti. The cancellation of agreements to stabilize food prices will not lead to a jump in prices, said the head of the Bank of Russia Elvira Nabiullina.

In December, the Russian government announced a set of measures in connection with the rise in food prices in Russia, among them – the conclusion of agreements on the stabilization of prices for sugar and sunflower oil produced in Russia. The agreements, in effect until April, fix the maximum wholesale and retail prices: for sugar – 36 rubles per kilogram in wholesale and 46 rubles in retail, for sunflower oil – 95 rubles and 110 rubles, respectively.

“With regard to the cancellation of agreements on stabilization of prices for butter and sugar, we do not expect that this will have any big effect on the overall inflation rate, especially since we understand that here it should be some kind of smooth transition, and we do not expect a jump in prices, “Nabiullina said.

Earlier, the head of the Ministry of Economic Development and Trade Maxim Reshetnikov said that he did not see the need to extend the agreements on stabilizing prices for butter and sugar, but the final decisions would be made in March.

Author: wedocount

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