You searched for "Food Prices" (10 results found)

Economist predicts sharp rise in food prices

  • 8 Dec 09:54

Economist predicts sharp rise in food prices The coronavirus pandemic will lead to a sharp rise in food prices, said chief researcher of the Center for Agricultural and Food Policy of the Russian Academy of National Economy and Public Administration under the President of the Russian Federation, Doctor of Economics Vasily Uzun, theNational News Servicereports. Due to the pandemic, incomes fell by more than 10 percent, food is becoming more expensive, this trend persists for 2021. In the category of poor citizens, 50 percent of income accounts for food, he said. The expert noted that the public catering sector is under threat. If earlier in Russia, about 20 percent of rich families' income accounted for. Read more...

Russians warned of rising food prices

  • 27 Oct 11:01

Russians warned of rising food prices Experts told which food products will rise in price in the near future.So, in the opinion of Dmitry Vostrikov, director of the trade union of suppliers and manufacturers of food products "Rusprodsoyuz", the price of pasta will increase, because its cost includes a high share of food wheat. The expert also spoke about the rise in prices for crops used for livestock feed: fifth grade wheat, barley and feed corn. This, in turn, will lead to an increase in the price of meat and milk due to an increase in production costs.“The conversion of feed into a kilogram of meat or a liter of milk has not been canceled,” the specialist explained. The founder of. Read more...

The rise in food prices in Russia is associated with the imported components in its production – Ministry of agriculture

  • 5 Jun 10:45

The rise in food prices in Russia is associated with the imported components in its production – Ministry of agriculture The rise in food prices, which is marked in recent times, largely due to the imported components in its production, I believe in the Ministry of agriculture. “It should be noted that the pressure on prices in most sub-sectors of agriculture is currently providing the growth of the dollar, due to the import component in the production of agricultural products”, – reports the Ministry of agriculture, which conducts regular monitoring of prices. In April, the price dynamics were mixed, the report States. So, the price of beef in slaughter weight for the month decreased 0.5% to 237,79 rubles per 1 kg, pork – by 1.6% to 138,64 of the ruble, chicken. Read more...

Central Bank: prices in Russia have slowed growth due to products

  • 18 Feb 10:12

Central Bank: prices in Russia have slowed growth due to products Annual inflation in January slowed down from 3 to 2.4 percent. The Bank of Russia explains the decline in price growth to several factors: the expanded offer of food, strengthenedruble andmodest consumer demand. In January, the fruits and vegetables price fell for the fourth month in a row, including vegetables, fruits and citrus. A wide offer of products and agricultural raw materials in the coming months will continue to keep prices down, especially for theproducts ofgrain and meat,dairy products, eggs, and sugar. The annual food inflation slowed down from 2.6 to 2.0 percent. CB mentions the 0.9 percent decrease in prices for meat and poultry compared to January. Read more...

Experts called the food prices rise one of the outcomes of five years of embargo

  • 21 Aug 10:22

Experts called the food prices rise one of the outcomes of five years of embargo One of the results of the food embargo imposed in Russia in August 2014 was the rise in food prices. This is stated in a study that analysts from consulting company KPMG conducted for RBC. Experts note that over five years, prices have risen both for products that have been banned from importing, and for those that were previously produced in Russia. Most of all butter (by 79%), frozen fish (68%) and cabbage (62%) have risen in price. Wheat flour (by 25%), pasta (34%) and sunflower oil (35%), which were previously mainly produced in Russia, significantly increased in price. The reason for the price rise was the dependence of Russian producers on imports,. Read more...

The average store check for Russians in June increased to 556 rubles

  • 20 Aug 09:45

The average store check for Russians in June increased to 556 rubles The average check of a resident of Russia for one trip to the store in June 2019 increased by 3 rubles compared to May, or by 0.5%, and amounted to 556 rubles, according to a study by the Romir holding, reports RIA Novosti. "As well as the volume of total daily expenses, the average check in the second quarter remained fairly stable. May check decreased by 0.7% compared to April, while the June check increased by 0.5% compared to May. Thus , according to the results of the first summer month, the size of the average check was 556 rubles with the May indicator of 553 rubles and the April one - 557 rubles, ”the study says. Compared with June last year, the. Read more...

Experts called the food prices rise one of the outcomes of five years of embargo

  • 17 Jul 10:11

Experts called the food prices rise one of the outcomes of five years of embargo One of the results of the food embargo imposed in Russia in August 2014 was the rise in food prices. This is stated in a study that analysts from consulting company KPMG conducted for RBC. Experts note that over five years, prices have risen both for products that have been banned from importing, and for those that were previously produced in Russia. Most of all butter (by 79%), frozen fish (68%) and cabbage (62%) have risen in price. Wheat flour (by 25%), pasta (34%) and sunflower oil (35%), which were previously mainly produced in Russia, significantly increased in price. The reason for the price rise was the dependence of Russian producers on imports,. Read more...

The average store check for Russians in June increased to 556 rubles

  • 16 Jul 10:15

The average store check for Russians in June increased to 556 rubles The average check of a resident of Russia for one trip to the store in June 2019 increased by 3 rubles compared to May, or by 0.5%, and amounted to 556 rubles, according to a study by the Romir holding, reports RIA Novosti. "As well as the volume of total daily expenses, the average check in the second quarter remained fairly stable. May check decreased by 0.7% compared to April, while the June check increased by 0.5% compared to May. Thus , according to the results of the first summer month, the size of the average check was 556 rubles with the May indicator of 553 rubles and the April one - 557 rubles, ”the study says. Compared with June last year, the. Read more...

Food prices in Russia in 2018 rose faster than in the EU

  • 6 Feb 09:37

Food prices in Russia in 2018 rose faster than in the EU The increase in food prices in Russia over the past year amounted to 5.5%, while on average in the European Union, food became more expensive by 1.3%, reports Rosstat. Last month, food prices in the Russian Federation rose by 2.1%, while in the EU the increase was 0.4%. In 2017 food prices in Russia rose more slowly than in the EU (0.7% vs. 2.6%). In 2018 there was a significant increase in prices for meat and meat products - 7.8%. In the. Read more...

Global Meat, Food Prices Fall for Fifth Year in a Row

  • 18 Jan 08:12

Global Meat, Food Prices Fall for Fifth Year in a Row Prices of major food commodities declined for the fifth year in a row in 2016, averaging 161.6 points for the year as a whole, some 1.5 percent below their 2015 levels. Bumper harvests and prospects for staple cereals offset upward pressure on FAO's Food Price Index from tropical commodities such as sugar and palm oil, where production was impacted by El Nino. In December, the Index averaged nearly 172 points, unchanged from November. The FAO Food Price Index is a trade-weighted index tracking international market prices for five key food commodity groups: major cereals, vegetable oils, dairy, meat and sugar. 2016 was marked by a steady decline in cereal. Read more...