setting up parallel imports helps to reduce prices – Economics – Kommersant

setting up parallel imports helps to reduce prices - Economics - Kommersant

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The annual growth rates of prices in the commodity markets continue to decline, it is stated in the next bulletin “What Trends Say”, prepared by the Research and Forecasting Department (DIP) of the Central Bank. In the non-food sector, the factor restraining price growth is the increase in supply, supported by the restructuring of logistics as part of the gradual adaptation of manufacturers to new conditions, the establishment of supplies under the parallel import scheme, as well as the launch of sales of used equipment at separate sites. Inventories of goods allowed for import under the parallel import scheme recovered in May-June after declining in March-April.

Earlier on the disinflationary impact of parallel imports spoke Head of the Central Bank of the Russian Federation Elvira Nabiullina.

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