Putin urges to ensure sufficient supply of goods on Russian domestic market

Business & Economy December 21, 2023, 16:05

"I should stress that the creation of such economy in particular, the economy of supply will allow avoiding surges of prices for certain goods in the future among other things," the president noted

MOSCOW, December 21. /TASS/. It is necessary to ensure sufficient supply of goods on the Russian domestic market, both consumer and investment segment, President Vladimir Putin said.

"Using business activity to ensure the mounting demand of the domestic market with sufficient supply on a wide range of goods, meaning both goods in the consumer segment and investment demand products, such as machines, tools, manufacturing equipment," he said at a meeting of the Council on strategic development and national projects.

"I should stress that the creation of such economy in particular, the economy of supply will allow avoiding surges of prices for certain goods in the future among other things," the president added.

"The Russian economy has undergone the period of adjustment to external conditions that have changed," he noted, adding that "manufacturing rose by 7.4% in January-October of this year, while investments gained 10% during the three quarters," and that "the increase in investments in the manufacturing industry was even higher - by 12.2% in January-September, and by 35% in Q3."

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