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Current Prices in the Moscow Marketbasket With PM-Soviet-Marketbasket

April 1, 1992

MOSCOW (AP) _ Following is The Associated Press ″Moscow Marketbasket,″ a measure of the prices of 15 basic food and consumer items found in a Moscow state-run store and in the private marketplace. The value of the goods are measured both in rubles and the number of hours needed to work to purchase an item, based on an average monthly salary of 960 rubles (equal to $9.60 at the floating exchange rate calculated on the basis of ruble auctions.) Old New New Hours Hours State State Private To Buy To Buy Price Price Price State Private Sausage 35.50 106.81 19.49 Chicken 15.50 16.13 59.09 2.94 10.78 Butter 4.50 83.56 100.00 15.24 18.24 Macaroni 1.10 5.22 18.18 .95 3.31 Bread .60 4.20 .76 Sugar 1.10 Milk .70 37.73 6.88 Fresh Fish 5.50 19.90 59.09 3.63 10.78 Cigarettes .55 11.00 10.00 2.00 1.82 Women’s shoes 420.00 2500.00 456.20 Men’s shoes 250.00 2600.00 474.45 Kids’ shoes 15.00 Pantyhose 15.00 120.00 150.00 21.89 27.37 Skirt 200.00 880.00 1300.00 160.58 237.22 Gasoline 1.70 5.88 1.07

Notes:

A-Sausage, chicken, macaroni, sugar, and fish are measured in pounds; milk per quart; gasoline in gallons, and cigarettes per pack.

B-Column one represents subsidized prices in state stores prior to decontrol Jan. 2; column two represents the new prices at state stores this week; column three represents new prices in ″rynok″ or private markets; columns four and five are a measure in hours worked of the items in columns two and three based on an average 175-hours of work per month.

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