This was reported by the press service of the Cabinet of Ministers.

“Russia is introducing constant monitoring of prices for consumer goods and services.

This decision was approved by the government.

The new tool will allow to establish a systematic analysis of the market situation, predict the risks of rising prices for significant products and take timely measures to curb price increases, ”the statement says.

It is specified that the Ministry of Economic Development together with Rosstat and the Federal Antimonopoly Service will be engaged in monitoring and assessing price dynamics. 

As indicated in the message, certain groups of goods and services will be assigned to specialized Russian departments.

If the monitoring reveals "tendencies towards accelerated price growth, which is noticeably higher than inflation," then this information will be sent to the appropriate government agencies.

Earlier, the Ministry of Economic Development called the material of Bloomberg agency speculative, which included Russia in the list of so-called hot spots for food prices.