Orange prices in Russia rise to record high 09/08/2023, 23:42

Orange prices in Russia rose to record highs in the last two months RBC With reference to Rosstat data.

According to the agency, as of the end of August, orange prices rose 21% on a monthly basis. In July, the price increase was 22.6%. As a result, the price of oranges increased by 71 percent in two months; this was a record in the specified period since the turn of the century.

It is stated that a similar increase in orange prices was recorded in 2007 before this. Most importantly, the price of these fruits increases in the period from August to October. However, such price increases were not observed even at that time.

Before that, Doctor of Economics, Professor of Moscow State University Elena Veduta knowledgeableThat Rosstat’s data on the purchasing power of Russians’ incomes going back to the time of the pandemic doesn’t match up with what happened in real life. According to him, Rosstat changed the method of calculating the subsistence minimum.

Previously in the State Duma made Draft law to raise scholarships to the minimum wage level.



Source: Gazeta

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