Will bread prices in Russia rise faster than inflation?

“Bread will rise in price!” - a popular Telegram channel recently shared its forecast. And this news has been actively discussed in the last couple of weeks in the media. The Ministry of Agriculture, of course, immediately denied this information - they say there are no grounds for this. And indeed, grain prices have been falling throughout the year, and only in the last couple of months have they started to rise. The Ministry of Agriculture is confident that the domestic market is fully supplied with Russian grain and baking flour. “The current gradual increase in grain prices will not have a significant impact on the cost of bread and bakery products,” the department is confident. They admit that a rise in prices is possible, but it will correspond to the level of inflation. But just look at the Rosstat website to be convinced that, in fact, bread in Russia is constantly becoming more expensive. They just don't always make a sensation out of it. Thus, the price increase in ...