Consumer prices for sunflower oil in Russia continue to decline, 4.3% of winter crops and legumes died

For the period from June 20 to June 26, 2023, the consumer price index, according to Rosstat, amounted to 100.16%, from the beginning of June - 100.38%, from the beginning of the year - 102.77% (for reference: June 2022 - 99 .65%, since the beginning of the year - 111.41%). Thus, prices for sunflower oil in the reporting period, according to the statistical agency, fell by 0.65% against a decrease of 0.34% a week earlier. As noted the day before in Rosstat, oil in the Russian Federation fell in price by a little less than 2% in May. In April, prices fell by 0.66%, and in March - by 0.03%. In February, the decline was 0.64%. In January - 0.35%. As for margarine, in the period under review (June 20-26), consumer prices for the product rose by 0.01% after rising by 0.12% from June 14 to 19. Rosstat said on Wednesday that 4.3%, or 249,000 hectares, of winter crops and legumes had died as of June 1 due to a drought that has gripped many regions of Russia. The area of fallen winter ...