TOPICAL ISSUES OF PRICE REGULATION IN THE FOOD MARKET
DOI 10.33305/2111-28
Issue № 11, 2021, article № 4, pages 28-34
Section: Economic mechanism of managing
Language: Russian
Original language title: АКТУАЛЬНЫЕ ВОПРОСЫ РЕГУЛИРОВАНИЯ ЦЕН НА РЫНКЕ ПРОДОВОЛЬСТВИЯ
Keywords: PRICE REGULATION, FOOD MARKET, PRICE CONDITIONS, CONSUMER BUDGET, AGRO-INDUSTRIAL COMPLEX SUPPORT COSTS, BUDGET SUPPORT STRUCTURE
Abstract: The relevance of the topic of the study is confirmed by the significant impact of food prices on the social situation of the majority of the Russian population. According to RIA-Novosti, 71% of Russians spend more than 50% of their income on food and put it in a dependent position on food price conditions. According to FAO research, if in 2020 the increase in world food prices amounted to 3%, then in the Russian Federation 6.7%, including the price of dairy products increased by 7.3%, for meat products - by 3.7%, fruits - 34.4%, vegetables - 15.6%, potatoes - 38.9%. The outstripping increase in prices for sugar, sunflower oil and other products in 2021 caused concern of the Government and the President of the Russian Federation. The State Duma held parliamentary hearings on the topic: "Improving the legal mechanism of state regulation of pricing for essential food products" (10.03.2021). The Ministry of Agriculture of the Russian Federation was forced to urgently develop and adopt a number of administrative measures restricting the export of individual food products. However, the measures taken may be temporary. In order for the food market to be stable and sustainable, an economic mechanism for its effective regulation must be developed and applied on the basis of a balance of interests between producers and consumers. As part of the study, distinctive approaches to the methodology formation of food market regulation were considered; proposals were made for its segmentation and the development of a set of regulatory measures for each segment and period of time. Data on the average monthly consumption of products for 2010-2018 per capita were obtained. An indicator of growth of retail prices in terms of products, caused by an increase in monetary incomes of the population, was calculated. It was noted that the increase in food prices at the level of growth in monetary incomes of the population meets the balance of interests of the producer and consumer of food products.
Authors: Semiashkin Grigorii Mikhailovich