Russia: Red caviar hits historic prices as holidays approach
Published Nov 23, 2021
Salmon eggs, or red caviar, have reached historic prices in Russia, where this dish is a staple on the tables for the holiday season, despite an increase in caught salmon. The retail price of a kilogram of red caviar has thus exceeded the mark of 5,000 rubles (60 euros at the current rate), the highest price since the start of price monitoring in 2000, according to data from the statistical agency. Rosstat, highlighted by the daily RBK. The famous butter and salmon egg sandwiches - the equivalent of foie gras in France - could thus become scarce on the tables of Russians, who suffer from generalized inflation affecting in particular food. In two decades, its price has multiplied by more than seven at the end of the year, according to Rosstat data obtained by AFP. This inflation goes against forecasts. Salmon fishing, most of which is carried out in the remote Kamchatka Peninsula (Far East), has indeed increased by almost 30% since January, compared to the same period in 2020, ...