State regulation of food prices can be restored in Ukraine

Submitted by bashun on Fri, 11/17/2017 - 10:25

The head of the council of the National Bank of Ukraine Bohdan Danilishyn considers the restoration of state price regulation expedient, since the decision to abolish it became one of the factors of inflation growth. He wrote about this in Facebook.
 

"I consider it expedient to resume the work of the State Price Administration, at the stage of transition of the Ukrainian economy from a recession to growth, we would monitor pricing, which currently has a very one-sided specific impact, and an increase in consumer prices," writes he.

The head of the NBU Council stressed that in Ukraine the share of expenditures for food is high in the structure of the consumer basket, therefore, the abolition of regulation of food prices influenced inflation.
 

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