Russian Federation : Vladimir Putin during a direct line expla | Malaysian Palm Oil Council Russia

Russian Federation : Vladimir Putin during a direct line explained the rise in food prices

Answering the question of the customer Valentina, asked by her from the trading floor in the grocery store during the direct line of the President of Russia, Vladimir Putin explained the rise in food prices.

The head of state linked the rise in food prices in the country with the global trend. ?Today, world food indices are at the highest level in the last 10 years. This is a global trend, price increases are happening everywhere, and Russia is part of the global economy. Covid consequences, reduction of production and jobs, ?he explained.

The largest increase in food prices was recorded last year. ?Sugar has grown the most - by 41 percent, and sunflower oil,? Putin recalled.
Another reason for the increase in prices is the lack of their products. ?Vegetables and fruits in the country are still produced in insufficient volume for domestic consumption. And products are imported from abroad, we need to look at the logistics issues, ?the head of state suggested.

On behalf of the President, the country's government has taken a number of decisions to contain prices. Thus, agreements were concluded between manufacturers and retail chains, subsidies were issued to manufacturers of final products for the purchase of raw materials at high prices, and increased export duties were introduced. ?In general, the state pays attention to this, maybe sometimes out of time. But measures are being taken, ?Vladimir Putin stressed.