Economist Leonid Kholod, holder of a Doctor of Economics degree who teaches at the university level, asserts that this year is unlikely to see falling egg prices in Russia. He argues that inflation remains the primary driver behind the high cost of eggs, and there isn’t a swift path back to the prices seen before. He shared these thoughts in conversations with NSN, offering a careful view of the near-term outlook.
He explains that inflation cannot be erased by a single policy move. What might appear as a brief decline in egg prices, he notes, is more accurately a temporary retreat within a longer trend of rising costs. When markets experience price swings amid a period of economic acceleration, the overall trajectory tends to tilt upward. The economist adds that hesitation to take decisive action will persist unless new developments shift the economic landscape.
According to Kholod, any meaningful fall in prices would require a sharp increase in production. Yet for eggs, such a surge in supply is unlikely to arrive quickly enough to counteract inflationary pressures. He forecasts that, going forward, price pressures could intensify as demand climbs during peak seasons such as Easter, reinforcing a seasonal uptick rather than a sustained drop in prices.
Observers note that imported eggs have not entered Russian retail channels as expected. Instead, shipments are being redirected toward processing for confectionery and bakery production. In several instances, these eggs are used in large-scale manufacturing rather than appearing on ordinary grocery shelves.
In summary, market watchers have already signaled that egg prices are likely to rise, driven by inflation dynamics and seasonal demand, with Easter acting as a central catalyst for the forthcoming price adjustments.