Russia has introduced permanent monitoring of the cost of consumer goods and services.

Now, in the event of a rise in product prices, which outstrips the inflation rate, the relevant agencies will have to offer stabilizing measures.

The press-service of the government stated that this new tool will make it possible to organize a systematic analysis of the situation on the market, predict the risks of price increases for important products and take timely measures to curb price increases.

The Ministry of Economic Development, Rosstat and the Federal Antimonopoly Service will monitor prices and their dynamics.

The Ministry of Agriculture will be in charge of monitoring food and tobacco prices. The Ministry of Industry and Trade will be in charge of consumer goods, including household appliances, furniture, computers and phones. The Ministry of Health is responsible for medicines, medical products, health and sanitary services.

The Ministry of Energy will be responsible for gasoline and diesel, the Ministry of Communications - for communication services, and the Ministry of Construction - for housing and communal services.

Besides, the Government appointed the Ministry of Transport as responsible for passenger transportation (except for taxis). The Ministry of Education will control the cost of pre-school, general and secondary vocational education services, and the Ministry of Education and Science - for higher education services.

Hotel prices in Russia will be controlled by Rostourism, the Ministry of Culture will control the situation in its subordinate institutions, and Rosalkolregulirovanie will monitor the cost of alcoholic beverages.

Made in Russia // Made in Russia

Author: Ksenia Gustova