World meat industry news

Food prices in Russia in February 2023, compared to February 2022, show a significant increase. The AB-Center analyzed the dynamics of 117 products, of which a decrease is observed in 12 products. For the remaining 105 positions, there is a strengthening of prices.

In January 2023, in relation to the level of a year ago, an increase in food prices of more than 25% is observed in 9 products, more than 10% in 71 products.

It should be noted that inflation in the country for the year (if we compare February 2022 and February 2023), according to the inflation calculator on the level-inflation.rf website, amounted to 11.76%. Rising prices above the inflation rate demonstrates 60 goods out of 117.

Leaders in rising food prices

According to AB-Center's calculations, the increase in prices for the year mostly affected the following food products: onion (+69.1%), margarine (+33.1%), natural coffee beans and ground coffee (+28.3% ), biscuits (+27.7%), fresh cucumbers (+27.3%), chewing gum (+27.0%), sweetened condensed milk (+26.6%), marshmallows and marshmallows (+26, 4%), canned tomato (+25.1%), gingerbread (+24.4%), soups in packages (+24.1%), frozen vegetables (+22.4%), table salt (+22 ,1%).

Food products showing price increases above the inflation rate of 11.76%

In addition to the goods of the first group, a significant price increase (by 11.76% and more) in the AB-Center is noted for ketchup, creamy ice cream, bananas, polished rice, curd cheeses glazed with chocolate, jam, jam and marmalade, salted and smoked gourmet products from fish, caramel, canned meat, muffins and rolls, long leaf black tea, natural instant coffee, uncut frozen shrimp, canned fish in tomato sauce, cocoa, green tea, dried fruits, soft candies, chocolate-glazed, bakery products from premium flour piece, coffee in fast food organizations, natural canned, pickled vegetables, cakes, yogurt, carbonated drinks, canned vegetables for baby food, cereal flakes (dry breakfasts), frozen squids, processed cheeses, mineral and drinking water, chilled and frozen fish cut salmon species, canned fish natural and with the addition of oil, lamb products, canned meat for baby food, fruit and berry preserves for baby food, frozen berries, fish fillets, national cheeses and cheese, dry milk mixes for baby food, bagged black tea, natural chocolate candies and with additives, mayonnaise, beef (except for boneless meat), salmon caviar , domestic, dumplings, manti and ravioli, boneless beef, whole pasteurized drinking milk 2.5-3.2% fat, fruit juices.

Food products whose prices rise below the rate of inflation

Price growth below the inflation rate (lower than 11.76%), according to AB-Center, was noted for pasta made from premium wheat flour, fortified grape wine with a strength of up to 20% vol. alcohol, domestic sparkling wine, vermicelli, wine grape table alcohol up to 14% vol., fermented milk products, salted herring, fresh herbs, olive oil, whole frozen fish, chocolate, butter, sour cream, bread made from rye flour and from a mixture of rye and wheat flour, salted herring fillet, fish sliced ice cream (except for salmon species), smoked meats, Hercules oatmeal, lamb (except for boneless meat), semolina, poultry culinary products, whole sterilized drinking milk 2.5-3.2% fat, fresh mushrooms, salted fish , pickled, smoked, granulated sugar, sausages and sausages, raw smoked sausage, boiled sausage, peas and beans, minced meat, fresh tomatoes, nuts, grapes, semi-smoked and boiled-smoked sausage, ordinary domestic cognac, meat turkeys, natural bee honey, oatmeal and pearl barley, oranges, live and chilled fish, sunflower oil, apples, chicken legs, wheat flour, millet.

Food items that have decreased in price over the year

Over the year, the price of fresh white cabbage (-61.1%), potatoes (-26.8%), garlic (-25.5%), table beet (-22.2%), buckwheat-unground groats (- 18.6%), carrots (-10.8%), pears (-7.2%), chilled and frozen chickens (-3.1%), lemons (-3.0%), chicken eggs (-1 .5%), boneless pork (-1.2%), pork (except boneless meat) (-1.0%).