Published
11/08/2024, 09:23On 6 November, the headquarters of the Eurasian Economic Commission hosted the seminar, where representatives of EAEU-authorised bodies discussed measures to stabilise consumer prices in the region.
In recent years, world prices have been growing, trade and economic restrictions are present, and the EAEU states' logistics chains have changed.
"Central banks of the EAEU countries maintained high key rates to stabilise living standards. Temporary measures were also introduced to regulate prices for socially important goods, and restrictions were imposed on the export of several products. Measures were taken to saturate domestic markets, monitor trade margins and provide favourable loans and subsidies to agricultural producers,’ the EEC said.
These measures helped to stabilise inflation and increase price stability in the states of the Union. Thus, as of September, the inflation rate in the EAEU states was: in Armenia - 0.6%, Belarus - 6%, Kazakhstan - 8.3%, Kyrgyzstan - 4.9%, Russia - 8.6%.
