Support The Moscow Times!

Food Price Control Possible

The government may impose a maximum price level for some foods, such as potatoes, as it faces elevating inflationary pressure, Deputy Economic Minister Andrei Klepach said Monday.

Klepach said, however, that the government has not discussed any proposals yet. “I just do not exclude this, and it is envisaged by legislation that we can use this kind of means,” Klepach said. Parliamentary elections are due in December, and voters cite high prices as a top concern in opinion polls. 

(Reuters)


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.