“The government will continue to support food industry enterprises.

We will direct more than 4.5 billion rubles to the regions in order to prevent the rise in prices due to the rise in the cost of grain, ”the Prime Minister of TASS quotes.

He noted that the Cabinet expects that this money will compensate producers for part of the cost of purchasing wheat, and the baking industry will reduce the cost of selling their products.

Earlier, Russian President Vladimir Putin signed a law giving the country's government the right to independently regulate the prices of socially important products, if the need arises.