Food inflation in Russia in January amounted to 8.2%, in the EU - 1.1%, according to Rosstat

Published 2021년 3월 2일

Tridge summary

In January 2021, Russia saw an 8.2% annual increase in food inflation, with an overall consumer price index rise of 5.2%, while the European Union (EU) experienced a 1.1% increase in food consumer prices. The most significant monthly consumer price increases were in Armenia (2.2%), Turkey (1.7%), Germany (1.4%), and the Czech Republic (3%). The largest annual increases were in Turkey (15%), Kyrgyzstan (10.1%), and Belarus (7.7%). Within the EU, the Czech Republic, Germany, and Poland saw the most significant monthly increases in food prices. Vegetables, oils, fats, fish, and seafood experienced the highest price increases in Russia and the EU.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Food inflation in Russia in January 2021 amounted to 8.2% on an annualized basis, while in the European Union (EU) countries consumer prices for food rose by 1.1%, according to Rosstat. According to Rosstat, in general, the consumer price index increased in Russia in January by 5.2% in annual terms and by 0.7% in monthly terms, in the EU - by 1.2% in annual terms and by 0.3% - in the monthly. It is noted that in January 2021, among the countries under consideration, the largest increase in consumer prices compared to the previous month was noted in Armenia (2.2%), Turkey (1.7%), Germany (1.4%), compared with January of the previous year - in Turkey (15%), Kyrgyzstan (10.1%) and Belarus (7.7%). In January, most European Union countries saw an increase in consumer prices for food. Compared to the previous month, the most significant increase in food prices among EU countries was recorded in the Czech Republic (3%), Germany (2.6%), Poland (2%), the department notes. "Compared to the ...

Source: Milknews