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Inflation on Sakhalin was the lowest in the Far East - EastRussia | Far East






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Inflation on Sakhalin was the lowest in the Far East

Since the beginning of 2018, inflation in the Sakhalin region has reached 0,9%. This is the lowest result among the regions of the Far East. The authorities of the region note that a stable situation has developed in its territory with prices and commodity supply.

According to the Minister of Trade and Food of the Sakhalin Region, Inna Pavlenko, the level of the food price index in the region was 0,7%, while in Russia it was at the level of 1,4%. The consumer price index for manufactured goods also fell below the federal and Far Eastern indicators. According to the press service of the regional government, the lowest prices in the Far East for poultry meat, frozen fish, pasteurized milk, and beets are on the islands. An increase in buckwheat fees has reduced its prices by 19%.

Thanks to the development of local livestock in the region, there is less poultry and pork, as well as chicken eggs, which are imported into the region from other regions. The volume of imported vegetable products has also decreased. According to the authorities, price stabilization is positively affected by the implementation of the state programs “Development of agriculture and regulation of markets for agricultural products, raw materials and food in the Sakhalin region for 2014 – 2020 years” and “Development of trade and services in the Sakhalin region for 2018 – 2025 years” as well as the development of multi-format trade, including the organization of fairs, the implementation of regional projects "Affordable Fish", "Regional Product".

The situation is improving in the Kuriles. There, from August of this year, an additional cargo ship was introduced on the Korsakov - Kurile Islands sea line. For uninterrupted delivery of goods in a period of difficult climatic conditions, the regional Ministry of Transport plans to introduce an ice-class cargo-passenger vessel.