Ivan Fedyakov, general manager of the information and analytical agency INFOLine, said that the apparent surplus of food products on the Russian market led to a decrease in the cost of food, according to his forecasts, their prices will fall to a minimum in August. This has been reported Radio Sputnik.
According to him, from the second half of summer, the prices of popular horticultural crops in Russia begin to fall due to the arrival of fresh vegetables from domestic agricultural producers in stores.
“In summer, these products can be obtained from home beds and home fields. Excess supply in the market causes prices to fall. Prices for products from the “borscht set” reach a minimum in September, the decline stops in October to start growing again in November, Fedyakov said.
He added that not only the fruits produced domestically, but also those imported from other countries will become cheaper in August.
Associate Professor in the Department of Finance and Prices of the former Russian University of Economics. G.V. Plekhanova Maria Dolgova statedVegetables and fruits that ripen in the middle of summer in Russia continue to get cheaper. According to his forecasts, prices will continue to fall for only late ripening products in the fall, while many other things may start to rise in price.