THERE ARE NO INTERRUPTIONS OF SUPPLIES AND FOOD SHORTAGE

It is corroborated by the results of prompt FAS monitoring

Following FAS instructions, regional antimonopoly bodies in the Far Eastern Federal District carry out prompt daily monitoring of retail prices for particular types of socially important food products that earlier used to be supplied from China.

As of 20 March 2020, pricing in the Far Eastern Federal District is stabilizing. No supplies interruption and shortage of fruits and vegetables are found in the Far Eastern regions thanks to increased deliveries from other areas of the Russian Federation as well as from other countries – Azerbaijan, Uzbekistan, Kazakhstan, Turkey, Morocco, Argentina, and Egypt.

Food prices in the Magadan region and the Kamchatka Territory, that increased some time ago, are have been stabilized and decreased to the previous level.

In some areas - including the Magadan region, the Jewish Autonomous Area, the Republic of Buryatia, the Primorie and Transbaikal Territories, prices for some types of vegetable products are going down.

According to FAS, in the past week retail chins in the Jewish Autonomous Area started selling Russian-produced fruit and vegetables (carrots, beetroot, cabbage, and onion), which is cheaper than the goods from China. Retail prices for fresh cucumbers and tomatoes in Buryatia reduced from 8% to 3% accordingly. Retail prices for fresh cucumbers dropped down from 10% to 19 %, for garlic - by14 %, for white cabbage – by 13 %, for potato – by 9 % in the Magadan region.

Stable prices for food products are registered in the Sakhalin and Amur regions, the Jewish Autonomous Area, the Republic of Buryatia, the Republic of Sakha (Yakutia), the Transbaikal, Primorie and Khabarovsk Territories, and the Chukotka Autonomous District.

The monitoring shows that retail prices trends differ across chains in the Far East, which indicates absence of price collusion between market participants.

So far, no facts of violating the antimonopoly law by retail chains and wholesale food suppliers are exposed.

Hot lines are opened in all regions to obtain prompt infortmation about the facts of increased prices for socially important food products. In the past week, however, there were no messages on the hot lines, which is also indicative of stabilizing prices.