Russia: Mayonnaise price rose 5%, vegetable oil by 2% in April

Published May 17, 2021

Tridge summary

Non-chain retail grocery prices saw a monthly increase of 0.67% and a significant year-on-year rise of four percent in April, as reported by Evotor. This surge was primarily driven by price hikes in mayonnaise (4.6% monthly, 17% yearly), sausages, and wieners (three% monthly, four% yearly). Other products like cheese, vegetable oil, chocolates, and canned food experienced a two% monthly price increase. Prices for baked goods, buns, cookies, crackers, butter, and margarine also rose slightly, by one%. In contrast, several categories saw price decreases in brick-and-mortar stores, including sour cream, marshmallows, semi-finished meat products, cereals. Prices for water, tea, coffee, and gingerbread remained relatively stable. Evotor's product index, which measures prices across 187 product names from 47 key categories for traditional trade, was used to estimate these price trends.

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

Original content

Prices for grocery products in non-chain retail in April rose by 0.67 and by four percent year-on-year, Evotor said. According to her, mayonnaise rose the most (by 4.6% over the month, by 17% over the year), sausages and wieners (by three percent compared to March and by four percent over the year). The retail price of cheese, vegetable oil and chocolates, as well as ready-made canned food, increased slightly less, by two percent, over the month. Baking, buns, cookies, crackers, butter, margarine rose by an average of one percent. In several categories, average prices in brick-and-mortar stores fell slightly: for example, sour cream fell by two percent in April, marshmallows and marshmallows - by more than one, semi-finished meat products ...

Source: Oilworld