The Russians have warned about the risk of rising prices for products

Large producers ‘ Association warned about the risk of rising prices of products due to Ministry of industry and trade proposed new penalties. It is reported owned by Grigory Berezkin, the Agency RBC.

We are talking about the initiative to introduce a turnover fine of up to three percent, but not less than two million rubles for producers and sellers of goods which do not correspond to technical regulations of the Customs Union. The proposal Department is aimed at eliminating “threats to health and safety, including due to suppression of turnover and implementation.”

According to the manufacturers, working fine for some industries is comparable to the size of profitability — as a result, they will be forced to raise prices. To the Union of participants of consumer market (PMPs) recalled that the mechanism of turnover fines imposed for the regulation of the gasoline market, and it cannot be used for a wide range of products.

“If you find any disturbance in the tea, the fine will be taken with all products,” — explained the CEO of SUPR Olga Barannikova.

She added that for some companies, the risk of stopping the entire production.
On 4 September it was reported that the actual expenses of Russians on food was reduced in 2018 amid falling revenues. In the Higher school of Economics calculated that over the year, the expenditure on food decreased by 3.6 percent compared to spending in 2017 and 7.7 percent compared to spending in 2013.

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