Minpromtorg commented on situation with prices for clothing and shoes

Thus, the Ministry of Industry commented on the situation with prices for clothing and shoes.

According to the department, the state has accustomed interaction practices in cases where there is a risk of price increases. “For each group of goods, we, together with the FAS of Russia and the Ministry of Economic Development (which is now responsible for monitoring prices), look – what are objective prerequisites for changing the cost of products to prevent unreasonable increase,” the message says.

The ministry also noted that one of the factors affecting prices may be a change in the nature of consumer demand – after a pandemic, he did not fully recovered, in addition, spontaneous purchases were almost disappeared. At the same time, the department confirmed that at the moment there was a rise in price of foreign raw materials, in particular, cotton. “Justice should also note that the explosive growth of stock prices for cotton is not at the first time. The last increase in cotton on the world stock exchanges was in a rather successful and calm 2018,” – reminded the ministry and noted that the market was leveled.

“We monitor and analyze this situation, and while you can only talk about possible risks. First, retailers are interested in damping prices, so as not to lose customers and sales; secondly, there is already a practice of using the mentioned mechanism of state monitoring and Warning price increases, “added to the Ministry of Industry.

Previously, retailers warned that clothes, shoes and accessories in Russia can rocked in price by summer. One of the reasons was the increase in the cost of materials. The sellers also increased logistics costs and expenses to increase the wage fund.

/Media reports.