Russia: The average markup on potatoes in retail chains exceeds 100%

The average markup on potatoes in Russian retail chains exceeds 100%. Dmitry Leonov, deputy chairman of the board of the Rusprodsoyuz association, told TASS about this. "The average markup exceeds 100%," he said. According to the association, wholesale prices for potatoes have increased by 2.6 times since the beginning of 2024 and currently amount to 26.1 rubles per kg, while retail prices have increased by 1.8 times, to 52.5 rubles per kg. As the association explained, wholesale prices apply to unwashed and unpackaged potatoes. "There are additional links in the production chain between the wholesale price and the price on the shelf, which are engaged in washing, packaging products, etc.," they noted. At the same time, imported potatoes are also taken into account in the average retail price. "There are several reasons for the growth: a record harvest and a low base last year, when the selling prices of producers actually coincided with the cost price against the background of ...