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Optimal market price for bread should make 50 - 55 KZT for loaf - PM

Astana. October 1. Kazakhstan Today - Optimal market price for bread should be 50 - 55 KZT for a loaf. The Kazakhstan Prime Minister Karim Masimov said today during selector meeting in the government. "It is the normal price, which reacts to increase of the price for grain. We understand it," K. Masimov added. The fact that "unreasonable increase of the price is taking place," in the opinion of Prime Minister, means that "somewhere in the chain uses a dominating position." "We are a market government, liberal, we understand that market should define prices and I agree. But when the prices start to grow inadequately, there is a question that monopoly position is being used somewhere." The Prime Minister noted that for the last two months the price for bread on average in the country have grown by 80 %, however dynamics of prices rise is not uniform." The largest price for bread is observed in Almaty, Atyrau, Astana, Kyzylorda, Karaganda, Aktau, Taldykorgan, Shymkent, Kokshetau," the Prime Minister explained.

Resourse: Kazakhstan Today

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