Analyst and candidate of economic sciences Mikhail Belyaev has warned that prices for all major food groups in Russia are likely to rise. His assessment is reported by ura.ru as the market faces ongoing pressure rather than any signs of relief or stabilization.
The economist argues that the market shows no downward trend. He points to chicken and egg prices as clear illustrations.
According to Belyaev, the jump in costs was most pronounced last year, with price levels climbing by around 60 percent in some segments. While the latest data suggests a softening trend, the price tags for eggs have fallen by about 2.5 percent and chicken by roughly 3 percent. He stresses that these shifts do not amount to a true price decline.
The expert attributes much of the accelerated pricing to the actions of retail chains, which he believes hold significant influence over retail prices. Retailers are seen as leveraging sanctions, exchange rate movements, and other factors to justify higher costs for shoppers.
In the current period, Russia has begun to report rising prices for staple foods. Since the start of the year, the cost of a kilogram of potatoes has increased by about 8 percent, while beef prices have climbed by around 6 percent. These changes reflect broader pressures across the food supply chain, from production costs to distribution and retail margins.
Earlier reports pointed to the possibility that bananas could disappear from some Russian store shelves, signaling potential disruptions in the availability of common imported goods during times of price volatility and economic strain.