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Products in Russia grew by 6.6 percent

As in the first five months of this year, food prices did not grow for six years.

As in the first five months of this year, food prices did not grow for six years.

Blame

weakening of the ruble, swine disease and reducing the number of cows. Experts point out that to keep a lid on inflation this year will not be easy.

From January to May this year, food went up by 6.6 percent. Prices rose more rapidly for the last time in 2008, analysts estimated the agency "Sovecon." "In 2008, the rise in prices has been associated with high prices for agricultural raw materials. Then record set wheat, close to a record corn prices were. And, on the situation in Russia has affected the worldwide situation. That period was marked by record prices for food worldwide, and the Russian market is tied to the world, as we export grain and import large quantities of food, "- says the executive director Andrei Sizov agency. It stipulates that the low world grain stocks were among the large number of factors act on the world food market at the time of crisis.

In 2014, quickly becoming more expensive meat and milk. Pork has risen by 15 percent since the beginning of the year due to the fact that Russia has banned its import from Europe. The fact that in Lithuania and Poland showed an outbreak of African swine fever (ASF). Sharp rejection of European pork, which was about 60 percent of Russian imports, led to the reduction of supply and, consequently, a rise in prices.

separately on the general price level affects the depreciation of the ruble in the beginning of the year. Estimated Sizov, in annual terms it was about 6-8 percent. And despite the fact that recently the ruble became stronger, the effect of devaluation, he said, will be for some time to affect prices. Wholesale processes are reflected in retail after 3-6 months. So

food inflation this year may be significantly higher than predicted Economic Development 7 percent, he said. "In the past ten years for the June-December in seven cases out of ten food inflation was far beyond the one percent. Only in two cases, the rise in prices was negative, "- said Sizov. At the same time, he notes that the situation with meat and milk in the near future is unlikely to change dramatically. Yes, and this year's harvest is predicted not so large as to significantly bring down prices.

Source: Russian magazine

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