The EEC names the products that have risen in price the most in the EAEU in January

Published 2021년 3월 4일

Tridge summary

The Eurasian Economic Union (EAEU) experienced notable price increases for sugar, potatoes, and sunflower oil in January 2021, with sugar seeing the most significant rise at 56.9% compared to the same period in 2020. Potatoes and sunflower oil increased by 33.5% and 29.5%, respectively. However, the price of alcohol, milk, and salt did not significantly change. The overall consumer price increase across the EAEU was 0.7% compared to December 2020. Specifically in Russia, prices for vegetables and potatoes rose by 7.9% and 7.1% respectively, while in Belarus, Kazakhstan, and Kyrgyzstan, potatoes saw price increases of 8.6%, 7.8%, and almost 1.5 times respectively.

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Original content

The largest price increases in the Eurasian Economic Union (EAEU) in January 2021 were for sugar, potatoes and sunflower oil. These products have risen in price compared to January 2020 by 56.9%, 33.5% and 29.5%, respectively, said Iya Malkina, assistant to the chairman of the Eurasian Economic Commission (EEC). "If we compare prices in January of this year with January 2020, then, in general, in the Union, the prices for sugar rose the most - by 56.9%, potatoes - by 33.5% and sunflower oil - by 29.5%," she wrote Malkin on Facebook. She also noted that the prices for alcohol, milk and salt did not change significantly - the growth was 3.8%, 4% and 4.2%, respectively. In general, in the EAEU, the growth in consumer prices for goods and services amounted to 0.7% compared to December 2020. Prices for potatoes and fresh vegetables have grown significantly in Armenia. The growth was 12.2% and 30.1%, respectively. In Belarus, the price of ...

Source: Milknews