Chekirbaev noted that this figure previously reached 45%, but now over 60% of the overall price increase is related to non-food goods and services.
When discussing price regulation issues, he emphasized that excessive price controls on food products could negatively impact producers and reduce the profitability of farms.
“If farmers' production costs exceed their income, it could lead to a decrease in production volumes,” he added.
As an example, Chekirbaev cited the situation with chicken egg production last year, when low prices prevented many poultry farmers from covering their expenses.
According to him, this circumstance became one of the factors contributing to the rise in egg prices this year.
He also noted that the state policy aims to create a balance between supporting producers and ensuring product accessibility for the population.
“On one hand, farmers need to make a profit, and on the other hand, products must remain affordable for citizens. These two aspects often contradict each other, so it is important to find a compromise,” he concluded.
A representative of the ministry added that Kyrgyzstan is generally self-sufficient in basic food products.
To stabilize prices, the government is taking a number of measures, including:
- a ban on the export of livestock to regulate meat prices;
- providing subsidies for the import of animal and fish feed;
- introducing antimonopoly measures.
In addition, the Ministry of Finance is considering additional support measures, such as preferential lending to stabilize prices.
