World meat industry news

Food prices in Russia in April 2024, compared to April 2023, generally show an increase. AB-Center analyzed the dynamics of retail prices for 128 goods, of which a decrease was observed in only 11 goods. Prices have strengthened for 117 items.

At the same time, the price increase for some items looks quite noticeable. Price strengthening of over 40% over the year is demonstrated by 4 goods, from 20 to 40% - by 8 goods, from 10 to 20% - by 26 goods. As for the decline in prices for goods, it is much less pronounced. Thus, price weakening of more than 10% is observed only for two items.

In April 2024, the inflation rate in Russia was 7.82% (annualized for the last 12 months, according to the portal inflation level.rf). An increase in prices above the inflation rate is observed only for 56 goods out of 117 that increased in price and out of 128 analyzed items in general. At the same time, calculation of the arithmetic average percentage change in prices for all analyzed items shows that, in general, food prices increased by 8.3% over the year.

Thus, on an annual basis, when comparing data for April 2024 and April 2023, food as a whole is rising in price at a rate slightly faster than the overall national inflation rate.

Leaders in food price growth

To a greater extent, the increase in prices for the year, according to AB-Center calculations, affected the following food products: beets (+50.4%), garlic (+47.6%), chicken eggs (+46.2%), white cabbage fresh (+41.7%), lamb (except boneless meat) (+32.1%), grapes (+29.4%), chilled and frozen chicken (+26.9%), olive oil (+24. 5%), chicken legs (+23.8%), bananas (+23.3%).

Food products showing price increases above the inflation rate of 7.82%

In addition to the goods of the first group, strengthening prices (by 7.82% and higher) in AB-Center are noted for culinary poultry products, apples, pears, polished rice, oranges, fresh tomatoes, boneless pork, canned tomatoes, live and chilled fish, boneless beef, coffee in fast food establishments, granulated sugar, carrots, turkey meat, fresh mushrooms, frozen squid, salted, marinated, smoked fish, beef (except boneless meat), whole frozen fish, carbonated drinks, pork (except boneless meat ), bread made from rye flour and from a mixture of rye and wheat flour, fruit juices, salted herring fillets, piece bakery products made from premium flour, minced meat, semolina, cakes, semi-smoked and boiled-smoked sausage, boiled sausage, frozen fish cut (except for salmon species), salted herring, fish fillet, fortified grape wine, mineral and drinking water, bread and bakery products made from various types of wheat flour, butter, powdered milk mixtures for baby food, sausages, sausages, smoked meats, beef liver , pork, curd cheeses coated with chocolate, peas and beans, muffins, rolls, raw smoked sausage, ketchup.

Food products whose price increases are below the inflation rate

Price increases below the inflation rate (lower than 7.82%), according to AB-Center calculations, were observed for dry seasonings, spices, table salt, dumplings, manti, ravioli, marshmallows, marshmallows, national cheeses and feta cheese, grape wine table food, dried fruits, natural chocolate candies and with additives, cocoa, natural canned and pickled vegetables, soft candies glazed with chocolate, ice cream, lemons, nuts, natural bee honey, chilled and frozen cut salmon fish, gingerbread, fresh herbs, wine domestic sparkling, caramel, canned meat, canned fish natural and with added butter, cookies, bagels, whole frozen shrimp, Hercules oat flakes, pasteurized whole drinking milk 2.5-3.2% fat, green tea, canned fish in tomato sauce, vodka, cereal flakes (breakfast cereals).

Also, price strengthening below the inflation rate was observed for chocolate, dry soups in packages, ordinary domestic cognac, preserves, marmalade, marmalade, sour cream, hard, semi-hard and soft cheeses, black long tea, children's curds, processed cheeses, salted and smoked delicatessen products from fish, yogurt, frozen berries, fermented milk products, canned meat for baby food, sterilized whole drinking milk 2.5-3.2% fat, bagged black tea, canned fruit and berries for baby food, mayonnaise, condensed milk with sugar, natural instant coffee, canned vegetables for baby food, frozen vegetables, beer, pasteurized whole drinking milk with more than 3.2% fat content, wheat flour, cottage cheese, natural coffee beans and ground, vermicelli, drinking cream, margarine.

Food products that have decreased in price over the year

Over the year, the price of onions (-43.6%), buckwheat kernels (-10.8%), potatoes (-6.2%), salmon caviar, domestic (-5.5%), and cucumbers decreased in price fresh (-4.8%), oat and pearl barley cereals (-2.3%), milk for children (-1.4%), pasta made from premium wheat flour (-1.1%), sunflower oil ( -0.7%), chewing gum (-0.3%), millet (-0.3%).