What products in the EAEU have risen in price the most

Published 2021년 3월 4일

Tridge summary

The Eurasian Economic Commission has reported a significant increase in the prices of sugar, potatoes, and sunflower oil in the countries of the Eurasian Economic Union (EAEU) in January. Sugar prices surged by 57% year-on-year, potatoes by 33.5%, and sunflower oil by 29.5%. The price increases were less pronounced for alcohol, milk, and salt. Kyrgyzstan, Armenia, Belarus, Kazakhstan, and Russia have seen varying price changes for these commodities. Notably, potatoes experienced the most significant price hike in Armenia, where prices doubled, and in Belarus, they increased by 8.6%.

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

Original content

The Eurasian Economic Commission (EEC) told what products were on the market of the countries of the Eurasian Economic Union (EAEU) in January of this year. According to the correspondent of "KazakhZerno.kz", the TOP-3 on the rise in price included sugar, potatoes and sunflower oil. Thus, sugar in comparison with January last year increased in price by almost 57%, potatoes added 33.5%, sunflower oil went up slightly less (+ 29.5%). The prices for alcohol, milk and salt have changed to a lesser extent. Retail prices for alcohol increased by 3.8% as compared to the beginning of last year, for milk - by 4%, and for salt - by 4.2%. According to the EEC, the price picture in the countries of the economic union for the main products is as follows. Kyrgyzstan is among the leaders in terms of price growth: here potatoes in January rose in price by 1.5 times compared to December. “Storms” and Armenia: in this country of ...

Source: Kazakh-zerno