Food prices in the EU in October rose by 0.3%, in Russia - by 0.8% - Rosstat
Published 2020년 11월 27일
Tridge summary
In October, Russia saw a 0.8% increase in food prices, accumulating a 4.1% rise over the first ten months of the year. The European Union also experienced a slight 0.3% rise in food prices month-over-month, with Hungary witnessing the most significant increase (5.3%). Conversely, Lithuania reported a decrease in food prices by 1.1%.
Fruit and vegetable prices in the EU witnessed notable fluctuations, with the Czech Republic and Latvia experiencing the highest increases. Meanwhile, Russia witnessed a 3.7% surge in the prices of sugar, jam, honey, chocolate, and sweets, alongside a 2.5% increase in oils and fats. However, fruit prices in Russia fell by 1.8%, in contrast to the EU's 1.0% rise. Meat and meat product prices in Russia marginally increased by 0.4%, whereas in the EU, they decreased by 0.1%.
Fruit and vegetable prices in the EU witnessed notable fluctuations, with the Czech Republic and Latvia experiencing the highest increases. Meanwhile, Russia witnessed a 3.7% surge in the prices of sugar, jam, honey, chocolate, and sweets, alongside a 2.5% increase in oils and fats. However, fruit prices in Russia fell by 1.8%, in contrast to the EU's 1.0% rise. Meat and meat product prices in Russia marginally increased by 0.4%, whereas in the EU, they decreased by 0.1%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Consumer prices for food in Russia in October increased by 0.8% compared to the previous month. In January-October, food prices increased by 4.1%. In the EU, consumer prices for food over the past month increased by 0.3%. Compared to December last year, food prices increased by 1.4%. In October, among the countries of the European Union, the most significant increase in consumer prices for food compared to the previous month was observed in Spain (by 1.5%), Malta, the Czech Republic, Portugal (by 0.5-0.7%); compared to December 2019 - in Hungary (by 5.3%). At the same time, in some countries there was a noticeable decrease in food prices - in Lithuania, food prices fell by 1.1% compared to the previous month, in Cyprus, Slovenia, Estonia - by 0.6-0.8%. Compared to the previous month, in October in many EU countries there was a noticeable increase in consumer prices for fruits and vegetables. Vegetables rose most significantly in the Czech Republic (by 6.8%), Latvia (by 6.6%), ...
Source: Food Retail Russia
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