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Salaries of Mogilev region increasing at higher rate than shop prices

Salaries of Mogilev region are increasing at a higher rate than shop prices, Alexander Alexeenko, deputy chair of Mogilev region executive committee’s antimonopoly and pricing policy, told.

According to the source, prices for consumer goods increased by 10.5% within the six months of the year (forecasting index – 10.6%). Meat and milk products, alcoholic drinks, fuel, education and communal services became more expensive. In general, consumer prices in Mogilev region correspond to or are even lower than the average republican level. For example, vegetables in Mogilev region are cheaper, than in other regional centres. At the same time, increase in real wages made up 18.1%.

Inflation is under governmental control, Alexander Alexeenko specified. There has been compiled a list of goods for which the government has fixed prices; it includes: some sorts of bread, meat, dairy products, vegetables, hosiery, purchasing prices for agricultural production, transportation, communal services, etc. Thus, prices for communal services are rather low comparing with those in neighboring countries; the Belarusian population pays only 22.1% of services consumption cost. Transportation services cost recovery is just a bit higher.

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