Based on the results of monitoring prices for food products, in particular for granulated sugar, the Volyn Regional State Administration decided to refrain from state regulation of prices for sugar and other food products. In view of this, the Regional State Administration and regulatory bodies decided to appeal to business entities with a request to maintain price stabilization, the Western Information Corporation was informed on June 15 by the press service of the Volyn Regional State Administration.\n\nAccording to the appeal, daily studies of the price situation for basic socially significant goods conducted in the retail network and at food markets of the region have shown a slight increase in the price of granulated sugar.\n\nAccording to operational price monitoring data, as of June 10 compared to March 30 of this year, average prices for granulated sugar in the region increased by 17% and amount to UAH 3.42-3.57 per kilogram. A slight increase in prices for certain food products (sausage products, certain cereals, oil, etc.) is also observed.\n\nAccording to the assessment of specialists from the territorial division of the Antimonopoly Committee of Ukraine, the retail sugar markets in cities and districts of the region are competitive, with hundreds of business entities operating in them. Thus, the increase in retail prices for sugar is exclusively seasonal in nature and is caused by growing demand, a corresponding increase in wholesale selling prices, and trade markups by wholesale and retail traders. Sugar factories in the region have sufficient sugar reserves and agricultural producers, as well as remaining stocks in the retail network.\n\nFollowing the results of a comprehensive meeting held at the Regional State Administration on June 8 with the participation of all services involved, a decision was made: the regional state administration refrains from introducing state regulation of prices for sugar and other food products in the territory of the region; regulatory bodies minimize the number of inspections of business entities, limiting themselves exclusively to studying the price situation (monitoring); business entities: do not exceed the maximum profitability levels (producers) and the amounts of trade markups (trade) to the wholesale price of the producer that were applied by them in April-May of the current year.\n\nThe appeal to business entities regarding the need to stabilize prices for granulated sugar and other food products was signed by the first deputy head of the Regional State Administration Bohdan Shyba, the head of the regional territorial division of the Antimonopoly Committee of Ukraine, and the head of the State Price Control Inspectorate in the region.