On July 26, the Central Bank of Russia raised the key rate from 16% to 18%. pixabay.com Former owner of the Elisey chain and Sverdlovsk businessman Alexander Ogloblin explained the consequences. – Raising rates makes loans more expensive for entrepreneurs. Entrepreneurs include these percentages in the cost of production. Therefore, will food prices rise? Yes, they will. I think that at the beginning of autumn we will see another price hike. This will affect all products one way or another,” Ogloblin noted in an interview with E1.RU. According to him, the only exception may be vegetables, which usually become cheaper at the beginning of autumn. However, their cost may rise later.
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