Yes, in '22, when payouts to the public

surged, demand spiked sharply, creating

demand-pull inflation. Supply couldn't

keep up with demand, so it was

satisfied mostly through price hikes or

imports, though imports were heavily

restricted by sanctions, so it was

mainly domestic price increases. But

today, the situation is completely

different. Do you honestly believe that

demand is growing in the domestic

market today?

>> I see the opposite. To be honest,

purchasing power is falling. And it

seems that, quite often, unjustified

price gouging is actually coming from

the supply side.

>> Price gouging tends to be unjustified

when there is little competition in the

market. But beyond that, of course,

prices are also rising because

production costs are going up. Today,

interest rates are impacting production

costs. Loans have become much more

expensive. Yeah.