World meat industry news

Food prices in Russia in September 2022, compared to September 2021, show a significant increase. AB-Center analyzed the dynamics of 121 products, of which eleven products show a decrease. 

The weakening of prices for 11 products is definitely a positive trend, since in the previous article, when comparing data for August 2021-2022. we noted price reductions for only eight foodstuffs.

In September 2022, in relation to the level of a year ago, an increase in food prices of over 25% is observed in 28 goods, over 10% in 94 goods.

It should be noted that inflation in the country for the year (if we compare September 2021 and September 2022), according to the inflation calculator on the level-inflation.rf website, amounted to 14.30%. Rising prices above the inflation rate demonstrates 78 goods out of 121.

The strengthening of prices in the Russian market is largely due to global trends. In 2022, global food prices peaked. Although in 2023-2024. and some weakening is expected, with a high degree of probability, prices will no longer return to the level that was noted in 2020-2021.

Leaders in rising food prices

To a greater extent, the increase in prices for the year, according to AB-Center, affected the following food products: margarine (+46.7%), granulated sugar (+40.2%), canned tomato (+40.1%), milk condensed with sugar (+38.2%), rice (+36.1%), natural coffee beans and ground (+36.0%), frozen squid (+35.9%), biscuits (+35, 4%), frozen vegetables (+32.8%), muffins and rolls (+31.8%), table salt (+31.4%), chocolate-glazed curds (+31.1%).

Food products showing price increases above the inflation rate of 14.30%

In addition to the goods of the first group, a significant price increase (by 14.30% and more) in the AB-Center is noted for gingerbread, soft candies glazed with chocolate, marshmallows and marshmallows, dry fruits , peas and beans, chilled and frozen cut salmon fish, natural instant coffee, oatmeal and pearl barley, caramel, salted herring, processed cheeses, green tea, long leaf black tea, berriesfrozen, vermicelli, ketchup, chocolate sweets, natural and with additives, salted and smoked fish products, butter, carbonated drinks, soups in bags, cream ice cream, buckwheat groats, semolina, cakes, pastries piece varieties, pasta from wheat flour of the highest grade, oatmeal "Hercules", canned meat, canned fish natural and with the addition of oil, hard and soft rennet cheeses, frozen shrimps, whole wheat, wheat flour, canned meat for baby food, cocoa, fillet fish, lamb products, canned fish in tomato sauce, black pepper (peas), canned fruit and berries for baby food, canned vegetables for baby food, jam, jam and marmalade, yogurt, salted herring fillet, chewing gum,bagged black tea, fermented milk products, sour cream, whole pasteurized drinking milk 2.5-3.2% fat, cereal flakes (breakfast cereals),natural canned, marinated vegetables , beef liver, beef (except for boneless meat), culinary products from poultry, boneless beef, national cheeses and cheese, bread from rye flour and from a mixture of rye and wheat flour, salted, marinated, smoked fish, mayonnaise, fruit juices, whole sterilized drinking milk 2.5-3.2% fat, nuts, dry milk mixtures for baby food, mineral and drinking water, dumplings, manti and ravioli, minced meat.

 Food products whose prices rise below the rate of inflation

Price growth below the inflation rate (lower than 14.30%), according to AB-Center, was noted for chocolate, sausages and small sausages, grape table wine with a strength of up to 14% alcohol by volume, chicken legs, live and chilled fish, coffee in fast-food establishments, cut frozen fish (except for salmon species), semi-smoked and boiled-smoked sausage, domestic sparkling wine, lamb (except for boneless meat), olive oil, turkey meat, boiled sausage, salmon caviar (roe), domestic, fortified grape wine with a strength of up to 20% vol. alcohol, smoked sausage, mushroomsfresh, bananas, smoked meats, vodka with a strength of 40% vol. alcohol and above, uncut frozen fish, ordinary domestic cognac, chilled and frozen chickens, sunflower oil, fresh greens, apples, chicken eggs, fresh cucumbers, natural bee honey, millet, boneless pork, pork (except boneless meat).

Food items that have decreased in price over the year

Over the year, the price of fresh white cabbage (-45.7%), table beets (-29.0%), carrots (-26.1%), potatoes (-24.6%), lemons (-19.1%) decreased in price. %), fresh tomatoes (-13.2%), oranges (-10.0%), grapes (-7.3%), garlic (-6.9%), onions (-6.7%) and pears (-2.8%).