Putin urged to rein in rising prices in the Russian Federation all the market tools

Putin urged to rein in rising prices in the Russian Federation all the market tools


You must use all available market tools to curb the growth of prices, to expand the share of inexpensive but high quality domestic goods, said the President of Russia Vladimir Putin.

MOSCOW, 24 Dec. The President of Russia Vladimir Putin urged the government to restrain speculative price increases in Russia in every possible market-based instruments.

“Today, unfounded, frankly, the speculative increase in the cost of products, goods and services leads to a decline in living standards of people. You need to use all available market tools to curb the growth of prices, to expand the share of inexpensive but high quality domestic goods,” — said Putin, speaking at a meeting with government members on Thursday.