Kyiv City State Administration has promised that the prices of socially important food will not rise.
According to the press service of the city state administration, although a relevant draft instruction on the limits on profits from socially important food only specifies a list of products, the limits have remained unchanged.
Head of the Main Price Policy Department of Kyiv City State Administration Vasyl Yastrubynsky said that it is was necessary to approve a new instruction, as in the past year the department had had to explain some of the current instruction’s terms to businessmen.
The questions were connected with the regulation of prices of imported goods. For instance, the instruction contains an item about cheese, but the restrictions do not affect such imported cheese as Roquefort and Parmesan.
At the same time, the prices of foreign foods are formed considering tendencies on the world market and currency exchange rate, which has been rather unstable recently.
"This is why we specified the list of food that is affected by the instruction, and the adoption of this document will help prevent a rise in the prices of socially important products," Yastrubynsky said.
He stressed that thanks to the limitation of profit margins, distribution chains will have no right to overprice socially important food deliberately and artificially with the aim of receiving over-inflated profits.
