Crimean government, commodity producers sign memo to restrain growth of prices

Russian federal authorities increased deliveries of foodstuffs and other goods to Crimea by 15%.

To restrain the possible growth of prices, the Crimean government, owners of some 30 department-store chains and commodity producers have signed the memorandum of understanding. The document provides for a markup of no more than 8% and 15% in terms of the wholesale and retail prices of essential goods respectively.

Recently, the price of potatoes has fallen to 19 rubles from 25 rubles per kilogram in the Russian peninsula.