Regulation of prices for food and non-food products: Impact on economic results of producers

Subject. State regulation of producer prices of food and non-food industrial products in the Russian Federation. Objectives. The study of the impact of state price regulation in the Russian Federation on the performance of manufacturing enterprises and the assessment of the possibility of forecasting profits and profitability of industrial enterprises, taking into account the price indices for their products. Methods. The methods of screening abstract databases and citation systems, regulatory documents of the Russian Federation, methods of correlation and regression analysis and forecasting are used. Results. The key trends in the indicators have been identified. The impact of government intervention in price formation policy on the performance indicators of food and non-food producers in the Russian Federation is assessed. A methodological approach to forecasting the profits and profitability of industrial enterprises has been developed, taking into account the price indices for their products. Conclusions. The research hypothesis has been confirmed about the existence of a correlation between the producer price index of industrial products and the growth rate of profit from sales and profitability of sales, about the impact of regulatory measures taken by the state on this dependence, about the possibility of forecasting the listed performance indicators for industrial enterprises based on the construction of regression equations and the substitution of forecast values of price indices in them.