Economist warns Russians of seasonal rise in food prices

GV Plekhanov, Head of PRUE Entrepreneurship and Logistics Department, Dmitry Zavyalov told the agency “Hitting the Primer”Which products in Russia traditionally rise in price in the fall.

He noted that prices for dairy products, eggs and sausages would traditionally rise in September-October in Russia, as in most countries. In addition, Zavyalov pointed out that vegetables are also becoming more expensive, although the time of collection has come.

By the end of the year, he estimates, fish and pork prices also rise, while poultry meat prices usually start to rise in late summer. In addition, August is considered the period with the lowest prices for fruits, then gradually the prices begin to rise.

As the expert notes, the price indicator is sometimes called the price of bread in relation to the harvest, but the economist emphasized that the “grain” component in the cost of bread “is not as big as it seems.” The cost of bread is affected by the prices of raw materials, the costs of gas and electricity – they only increase significantly, Zavyalov noted, as well as the share of manual labor in the enterprise and the costs of producers for household expenses.

The sanctions imposed on the Russian Federation and the need to interact with other countries for transit often set the price of purchased equipment and packaging of goods. Prime writes that the overall rise in global transportation prices and the coronavirus pandemic have also negatively impacted the cost of exotic fruits, coffee and palm oil.

former experts saidWhich fruits will increase in price in the fall.



Source: Gazeta

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