In April, eggs in Russia became cheaper by 1%

Published 2024년 5월 19일

Tridge summary

Consumer prices for edible chicken eggs and chicken meat in Russia have decreased by one percent and 0.3 percent respectively over the past month, following a decrease of 2.3 percent and 4.1 percent since the start of the year. The price decline has been attributed to the government's tariff relief and actions against price fixing in the market. However, the price of eggs had surged by 61 percent and that of chicken by several tens of percent since September, with the highest prices in April. The government has allowed duty-free imports of up to 1.2 billion eggs and 140 thousand tons of chicken meat from friendly countries until the end of June, with Azerbaijan, Belarus, Türkiye, Kazakhstan, Brazil, and China being the main suppliers.

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

Original content

Last month of this year, consumer prices for edible chicken eggs decreased by one percent from March, Interfax reports, citing Rosstat data. In total, since the beginning of the year, goods have fallen in price by 5.6%. However, April turned out to be the most expensive month for these products. Then it turned out to be almost one and a half times more expensive year on year. It is also noted that the rate of decline in egg prices has slowed. In March they were already only 2.3 percent. The reason was probably cartel price fixing in this market. The FAS managed to stop them, but then another problem arose with prices just before the pre-Easter rush. Also, chicken meat fell in price over the past month – by 0.3 percent. Since the beginning of the year, the cost of chicken has decreased by 4.1. Compared to the same month last year, April, unlike eggs, showed a decline of 26.4%. The problem with prices for Russian chicken eggs and poultry meat, as well as their local shortage, has ...

Source: Rosng