“This is the reality”: the Russian DNS network has inflated prices for electronics and household appliances

“This is the reality”: the Russian DNS network has inflated prices for electronics and household appliances

THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.

Retailer DNS, a major Russian retailer of electronics and home appliances, has raised prices by up to 30% amid rush demand and the depreciation of the ruble.

“There was a rush demand, there were failures in the site. Sales have almost doubled. Yes, it affected the prices as well. Now the growth has amounted to 30%, ”said Dmitry Alekseev, CEO of the network, in his Telegram channel.

He admitted that “the prices in stores are annoying, like the numbers on the scoreboard with exchange rates,” but “this is the reality.”

Recall that the day before, the Russian stock and currency markets reacted with a panic drop to a sharp aggravation of the conflict around Ukraine and the start of a special military operation of the Russian troops in the Donbass. However, in the second half of the day the ruble managed to win back part of the morning collapse.

Earlier, on February 24, Russian President Vladimir Putin made an emergency appeal to the Russians and announced a special military operation in the Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”

According to the Russian leader, the plans of the Russian Federation “do not include the occupation of Ukrainian territories,” however, “the Russian Federation considers it important that all the peoples of Ukraine can exercise the right of self-determination.”

Reacting to the Kremlin’s decision, US President Joe Biden, in a special statement, called Russia’s attack on Ukraine unprovoked and unjustified and promised to hold it to account.

For his part, UN Secretary-General António Guterres urged Putin to “stop the soldiers” from attacking Ukraine and give peace a chance.

In response to Russia’s actions, Western countries (USA, Canada, European Union, Great Britain, Japan) announced new, tougher sanctions against the Russian Federation, including financial and economic ones.

Source: Rosbalt

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