In Russia, no significant increase in dairy prices is expected on the eve of autumn. About this EAN It has been said Soyuzmolok General Director Artem Belov commented on the news that dairy and confectionery manufacturers sent notices to federal retail chains that product prices will be increased by 5-40 percent depending on the type of product.
According to the expert, manufacturers regularly conduct a review of contractual relations with networks in the first and second half of the year, and therefore such notifications are planned. The expert is confident that there will be no major changes in pricing policy, but made minor adjustments for individual product groups or regions.
“Dairy products continue to be a food inflation deflator for the second year running, despite a significant increase in costs across the chain. This means that the rate of price growth in the category is twice as fast as food inflation. The increase in dairy costs in the period January-July 2024 was 3.3% compared to the same period in 2023. At the same time, the increase in total food prices was 9.3%,” Belov added.
Marina Petrova, General Manager of Petrova Five Consulting, the other day spokePrices for dairy products in Russia are expected to rise by 5% in September due to a complex of factors. The main impact on prices, according to the expert, will be the increase in world raw material prices, the increase in the key interest rate of the Central Bank and the shortage of personnel.
Russians before warned It’s about the increase in coffee prices.