In Russia, it was proposed to introduce state regulation of potato prices

In Russia, they want to introduce state regulation of potato prices. Boris Chernyshov, Vice Speaker of the State Duma, made such a request to Maxim Reshetnikov, head of the Ministry of Economic Development.

Tubers in chocolate: business has started to fix potato prices

Producers and retailers will limit the cost of vegetables on shelves for three months

"During 2024, this product has become the most expensive among food products. According to Rosstat and the Central Bank, retail prices for potatoes increased by 92%: from 28 rubles in December 2023 to almost 57 rubles in December 2024. Potato prices will continue to rise in 2025," the text of the document, which is available to Izvestia, says.

The DEPUTY draws attention to the fact that a government decree has established that marginal prices for certain socially important essential foodstuffs can be imposed for up to 90 days if their cost increases by 10% or more over 60 consecutive days, taking into account seasonal factors.

In his address, the Vice Speaker asks to monitor the price dynamics of potatoes, take into account possible seasonal fluctuations and, if the increase in cost is confirmed above the established parameters, initiate the process of introducing a temporary price restriction for this socially significant product.

"Potatoes are sometimes called the second bread, so serious price fluctuations for this socially significant product significantly increase the burden on the budget of millions of families. This vegetable, which is traditionally considered an affordable food, has almost doubled in price in 2024 alone, and the growth rate is accelerating in 2025. The cost, according to official data from Rosstat, has already increased by 23.9% since the beginning of the year. This poses a threat to food security, especially for poor citizens," Chernyshov explained to Izvestia.

According to him, the temporary restriction of vegetable prices is a reasonable measure in such a situation, provided for by law. It is necessary to protect people from unjustified price increases of basic products and to prevent speculation, the deputy emphasized.

Read more in the exclusive Izvestia article:

Tubers and life: in the Russian Federation they want to introduce state regulation of potato prices