Emblem
Official Source of the
Prime Minister of the
Republic of Kazakhstan
Menu
Emblem
Close button

New measures will allow to control food prices — Ministry of National Economy

Tuesday, 20 August 2019, 15:43:07

At a press conference following the Government session, Minister of National Economy Ruslan Dalenov spoke about measures to prevent a seasonal increase in food prices.

The minister informed that in all regions prices for socially significant food products are ahead of inflation. The increase in prices for these goods varies from 7.2% to 15.1%. The largest increase is observed in Nur-Sultan (15.1%), Zhezkazgan (11.8%) and Taldykorgan (10.4%), Aktobe (9.9%) and Atyrau (9.8%).

At the same time, historically, given the seasonal acceleration, a certain increase in inflation occurs by the end of the year.

“Our task is to keep inflation in the corridor of 4-6%. This year, the overall inflation trend is slightly lower. The annual inflation rate amounted to 5.4% in July. By the end of the year we will take all measures so that the price increase is not the same as last year,” Dalenov said.

According to him, local executive bodies are fully mobilized to work in this direction and all the tools are used. These are new changes in the rules of trade, the construction of wholesale distribution centers, which allow selling foodstuffs and fruits and vegetables at low prices to producers close to producers. The work procedures of stabilization funds have also been simplified. There are tools for monitoring prices and identifying intermediary transactions and collusion in pricing. So, since the beginning of the year, the Committee for the Regulation of Natural Monopolies, the Protection of Competition and the Rights of Consumers has conducted seven investigations against 11 entities: this is on the market for the sale of bread, dairy products, sugar, and chicken meat. Four entities were brought to administrative responsibility and fined in the amount of almost 4 million tenge, monopoly income of 6 million tenge was seized. In other subjects, cases are pending in an administrative court.

“We are working, constantly monitoring where there is a price distortion. If necessary, as well as in the case of a complaint, we go to the audit to take measures in accordance with the law,” the minister said.

Also Dalenov noted that in trading networks a restriction on the trade margin will be established. This is done only on socially significant goods in 19 positions. According to them, the margin in retail chains cannot exceed more than 15%. Legislative changes adopted.

“This is what the fear is about — empty shelves. To prevent this, socio-entrepreneurial corporations are given the right to provide ‘working capital’ to retail chains,” the minister explained.

Moreover, a norm has been introduced assuming that 30% of the shelf space was provided exclusively to domestic food products.

“These new measures will lead to the fact that food prices will be controlled,” concluded Dalenov.


News feed
02 July 2020, 23:50
New format of dealmaking and transition to distance education — how online discussions of global economy during the pandemic took place
02 July 2020, 12:07
State Commission approves measures to stabilize epidemiological situation in Kazakhstan
01 July 2020, 18:37
Astana Finance Days: Experts on challenges and opportunities of Islamic finance and fintech industry in post-pandemic era
30 June 2020, 17:49
Prime Minister Askar Mamin holds session of Council of Eurasian Development Bank
30 June 2020, 16:45
Prime Minister of Kazakhstan Askar Mamin held a telephone conversation with Chair of the Russian Government Mikhail Mishustin
30 June 2020, 13:18
Annual demand for IT specialists reached over 30 thousand people — Ministry of Digital Development, Innovation and Aerospace Industry
30 June 2020, 11:18
AIFC proposes to create EduTech Center and Educational IT Alliance
30 June 2020, 11:08
By 2030, educational institutions of Kazakhstan will train over 3 million specialists of new formation — Ministry of Education and Science
30 June 2020, 11:06
Reduction in shadow economy in 2019 gave additional revenue of 1.5 trillion tenge to budget of Kazakhstan
30 June 2020, 10:54
Prime Minister Askar Mamin instructs to implement large-scale project ‘’Digital Bilim” to increase digital literacy
30 June 2020, 10:32
By 2025, shadow economy to be reduced to 20% of GDP — Ruslan Dalenov
30 June 2020, 10:12
97% of entrepreneurs switched to online cash registers — Ministry of Finance
29 June 2020, 18:59
How the Year of the Volunteer implemented, what kind of support the country's media receive and how civil society develops — Aida Balayeva reports to the public
29 June 2020, 17:12
Government session to be held June 30 in Ukimet Uyi
28 June 2020, 09:56
Video Digest: Main events of the week, No. 67
27 June 2020, 10:28
Prime Minister Askar Mamin congratulates media workers on their professional holiday
26 June 2020, 18:59
Bolat Tlepov appointed vice minister of information and social development of the Republic of Kazakhstan
26 June 2020, 18:49
Daniyar Yesin relieved as vice minister of information and social development of the Republic of Kazakhstan
26 June 2020, 18:14
Results in social sphere for 5 months of 2020: Restoring employment and providing new types of support
26 June 2020, 14:14
Azhar Giniyat appointed vice minister of healthcare of the Republic of Kazakhstan
26 June 2020, 14:12
Lyazzat Aktayeva relieved as vice minister of healthcare of the Republic of Kazakhstan
26 June 2020, 14:06
Marat Shoranov appointed first vice minister of healthcare of the Republic of Kazakhstan
26 June 2020, 13:39
Daniyar Vagapov appointed deputy chair of National Bank of Kazakhstan
25 June 2020, 19:05
Prime Minister Askar Mamin holds meeting of Commission on Digitalization under President of Kazakhstan
25 June 2020, 18:24
Prime Minister Askar Mamin introduces Minister of Healthcare Alexey Tsoy
25 June 2020, 08:58
Roman Sklyar discusses development of cooperation in agriculture with German companies
24 June 2020, 18:00
Prime Minister Askar Mamin holds meeting of Council on Transition to Green Economy under President of Kazakhstan
24 June 2020, 10:25
Roman Sklyar holds meeting of Project Office for Entrepreneurship
23 June 2020, 18:59
Gabidulla Ospankulov relieved as vice minister of information and social development of the Republic of Kazakhstan
23 June 2020, 13:18
In second half of 2020, Kazakhstan will continue to reduce oil production
23 June 2020, 12:58
Small and medium-sized enterprises can apply for new loan deferral — Madina Abylkassymova
23 June 2020, 10:59
Prime Minister Askar Mamin congratulates civil servants of Kazakhstan on their professional holiday
23 June 2020, 10:24
Prime Minister Askar Mamin congratulates police of Kazakhstan on their professional holiday
23 June 2020, 10:21
Prime Minister Askar Mamin instructed to ensure readiness for heating season
23 June 2020, 10:11
Government adopts measures to improve business climate in Kazakhstan
23 June 2020, 10:08
Beibut Atamkulov on heating season: Particular attention will be paid to preparing health facilities and residential buildings
23 June 2020, 09:57
As part of preparations for autumn-winter period, country plans to repair 8 power units, 59 boilers, 44 turbines — Ministry of Energy
23 June 2020, 09:34
Production of small and medium-sized businesses amounted to 31.2 trillion tenge in 2019 — Ministry of National Economy
22 June 2020, 17:03
Government session to be held June 23 in Ukimet Uyi
22 June 2020, 15:21
Prime Minister Askar Mamin introduces First Vice Minister of Healthcare Alexey Tsoy
22 June 2020, 13:38
Ruslan Abdikalikov appointed chair of Information Security Committee of Ministry of Digital Development, Innovation and Aerospace Industry
22 June 2020, 12:15
Prime Minister Askar Mamin reports on government’s work at joint session of Chambers of Parliament
21 June 2020, 11:32
Video Digest: Main events of the week, No. 66
21 June 2020, 11:22
Prime Minister Askar Mamin congratulates Kazakhstani doctors on their professional holiday
19 June 2020, 22:49
30% staff optimization and simplification of public service provision — Marat Beketayev reports to the public
19 June 2020, 17:33
Kemelbek Oishybayev appointed vice minister of information and social development of the Republic of Kazakhstan
19 June 2020, 14:06
Nurlan Aldamzharov appointed chair of Committee on Water Resources
19 June 2020, 13:07
Kazakhstan initiated creation of International Center for Development of Oil and Gas Engineering and Service
19 June 2020, 12:24
Kazakh COVID-19 vaccine may enter clinical trials in September 2020
19 June 2020, 11:11
Prime Minister Askar Mamin instructs to take measures to develop engineering
© 2019 - 2020 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.