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Prices play a key role in modern society, determining the availability of goods and services for consumers. They are a reflection of economic processes, supply and demand in the market. Prices are affected by various factors such as inflation, changes in the economy, seasonal fluctuations and geopolitical events. For businesses, pricing is a strategic aspect affecting competitiveness and profitability. For consumers, pricing means a balance between affordability and quality of goods. Thus, in the business and consumer world, prices play an integral role in shaping a dynamic economic environment.

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About 40% of Russians noted an increase in meat prices over the past month
An increase in prices for meat and poultry over the past four weeks was noted by 39% of Russians, according to a survey by the Public Opinion Foundation (FOM), published on the official website of the sociological center. Answering the question about "which main products prices have increased significantly over the past month", 36% of fellow citizens pointed to milk and dairy products, every third...
World pork prices rose in February
In February, global poultry prices declined for the eighth consecutive month, reflecting abundant global supplies compared to weaker import demand, despite outbreaks of avian influenza in several leading producing countries. In contrast, international pork prices rose on market concerns about low availability of ready-to-slaughter pigs amid rising domestic demand in Europe. Meanwhile, beef prices ...
U.S. says cap on oil prices from Russia 'works well '
energy The cap on oil prices from Russia imposed by the G7 and allies is "working well." This was stated by US Energy Representative Amos Hochstein, reports Reuters. “I think the beauty of the process is that it works and that Russian oil and Russian products are sold below marginal prices,” he said on the sidelines of the CERAWeek energy conference in Houston, Texas. Hochstein recalled that Mosco...
USA: Week 9 Broiler Market Review 2022
Average prices for chicken cutting showed a positive trend, which was based on the increase in prices for breast and drumstick. Fell in price for a week legs and minced meat MMO. Price dynamics and sales volumes of broilers Average weighted price for broilers by region Region Weighted average price, cents/pound Sales volume (thousand pounds) Week 8 Week 9 Growth per week,% Week 8 Week 9 Growth per...
What were the results of the grain deal? What is important to know
For almost a year, world food prices have been falling after a peak in March 2022, against the backdrop of the start of a special operation in Ukraine. The UN calls for an extension of the deal on the export of grain from Ukraine to contain prices, but Russiadissatisfied with its implementation On March 18, the so-called grain deal concluded in July 2......
Bloomberg reported that in 2023 "the thirst for oil will be difficult to quench"
The looming crisis shows that even as the world embraces cleaner energy sources, "the thirst for oil will be hard to quench." While the supply cut has been a boon for crude oil producers and their investors, it is hurting consumers and complicating central banks' efforts to curb inflation, writes Bloomberg. The International Economic Agency (IEA) said that oil consumption will reach a record level...
Food prices in Russia and their change for the year, data for January 2023
In January 2023, in relation to the level of a year ago, an increase in food prices of more than 25% is observed in 9 products, more than 10% in 80 products. It should be noted that inflation in the country for the year (if we compare January 2022 and January 2023), according to the inflation calculator on the level-inflation.rf website, amounted to 12.86%. Price growth above the inflation rate is...
Pork production increased by 5% in 2022
Kovalev also said that it was not possible to increase pork exports in 2022. In those countries that are already open for export, Russia occupies a dominant position and it is impossible to increase the volume of export there. Therefore, an additional volume of 200 thousand tons put pressure on domestic prices. “We feared that they would drop by 1......
Rabobank: China reopening opens opportunities for beef
In 2022, retail and farm beef prices broke records in many regions due to increased consumer demand and limited beef supplies. Brazil also achieved record exports and profits in 2022, driven by growing demand from China . The softening of consumer sentiment and the subsequent decline in beef prices at the end of 2......
Moldova told how the country will "survive" without Russia's energy resources
The Moldovan authorities are preparing a "very ambitious plan for the transition to green energy", so the country will "survive" without Russian gas and electricity, said Prime Minister Dorin Recean. Prices will rise because of this, he admitted, but it is necessary "to find compensation tools for a certain period, while the business adapts." According to him, the Moldovan authorities have "a very...
In the Republic of Altai, pork, chicken meat and cheeses fell in price
According to the data of Altaikraistat, prices for meat products decreased in the consumer market of the Republic of Altai for the week from February 6 to February 13. Thus, pork fell in price by 2.8% (to 338.61 rubles/kg), chilled and frozen chickens - by 2.1% (to 174.21 rubles/kg), canned meat for baby food - by 1, 5% (up to RUB 1,159.85/kg). The price of boiled sausage went up (by 2.4%, to 474....
Rising food prices in the UK reached a record level
Pixabay Photos March 1, Minsk. Rise in food prices in the UK reached 17.1% in four weeks. At the moment, this is considered a record high, according to Reuters. According to the British market research company Kantar Group, the fastest growing prices for products such as milk , eggs and margarine. The organization's study says UK households will now face £811 extra on their eligible shopping bills...
USA: Week 8 Broiler Market Review 2022
Average prices for chicken cutting showed a positive trend, which was based on the increase in prices for wings, legs and drumsticks. Table egg production forecast for the first quarter has been revised down based on lower-than-expected laying numbers. Consequently, the forecast for wholesale prices for eggs in the first quarter has been revised upwards. Already, the price of an egg in the US exce...
USA: Week 8 Pig Market Review 2022
US pork production is projected at 27.4 billion pounds, up 2% from last year. Exports are expected to rise 0.2% year-over-year to £3.65bn. You can learn more about the state of the US pig market, as well as the prices for pigs and pork on the American (and not only) market, in the weekly reviews of the meat market in Russia and in the world from Meatinfo.ru. Weekly reviews are available free of ch...
USA: Cattle market overview for the 8th week of 2022
U.S. suppliers are hoping Chinese importers will buy more U.S. beef after rival supplier Brazil halted shipments to China , Reuters reported, citing analysts. Brazil has said it will stop beef exports to China, the main destination for its overseas shipments, after a case of mad cow disease is confirmed. Brazilian Agriculture Minister Carlos Favaro vowed to look into the case with maximum transpar...
"Without politics and pornography": how geopolitics has changed the art business
The owners of their own galleries Marianna Sardarova and Polina Askeri told RBC how the art market is adapting to the geopolitical situation,how much do Russian artists cost and who is currently investing in contemporary art After the start of the special operation in Ukraine, the Russian art market was cut off from international exhibitions and fairs. Leading galleries have lost the opportunity t...
VEB.RF: 2023 will be the year of economic reconfiguration
In the past two years, the world has been living in a situation of high uncertainty, the expert noted. The US and the Eurozone, especially Germany, experienced a downturn in economic performance in the second half of 2022, which is likely to continue this year. The only question is how strong it will be. The economic situation in these territories will affect the world prices of all raw materials:...
Bloomberg reported that Russia was selling oil "much higher" than the price ceiling
Western countries introduced a cap on oil pricesfrom Russia at $60 per barrel. in the beginning of December. Bloomberg writes, For at least four weeks after the European Union and the G7 countries introduced a “price cap” on Russian oil, Moscow sold it at an average price of $74 per barrel. and received much more profit than expected in the West. Bloomberg writes about this with reference to a stu...
What has become of the Russian economy for the year of the military operation in Ukraine
A year after the start of the special operation in Ukraine, the Russian economy is in better shape than predicted in the first months of hostilities and sanctions. In 2023, the economy may return to growth, The economic growth Russian GDP fell by 2.1% in 2022, which is incomparable with the pessimistic expectations of last spring. Household spending fell by 1.8% at constant prices, while investmen...
What has become of the Russian economy for the year of the military operation in Ukraine
A year after the start of the special operation in Ukraine, the Russian economy is in better shape than predicted in the first months of hostilities and sanctions. In 2023, the economy may return to growth, The economic growth Russian GDP fell by 2.1% in 2022, which is incomparable with the pessimistic expectations of last spring. Household spending fell by 1.8% at constant prices, while investmen...
The Ministry of Agriculture and Food has changed the minimum export prices for dairy products
February 22, Minsk. The Ministry of Agriculture and Food has changed the marginal minimum prices for goods sold under foreign trade agreements. This is provided for by the decree of the department of February 20, 2023 No. 24, which is officially published on, BelTA informs. The cost of products is set depending on the region of export: Russia , EAEU countries (except Russia), CIS countries and Geo...
Bird flu threatens non-stop 'war' on poultry
Bird flu has reached new corners of the globe and has become endemic for the first time in some wild birds that transmit the virus to poultry, according to veterinarians and disease experts. Reuters spoke to more than 20 experts and farmers on four continents who said the prevalence of the virus in the wild suggests that record outbreaks in poultry farms will not ease anytime soon, increasing the ...
The government did not support the regulation of trade margins
The Ministry of Agriculture and the Ministry of Industry and Trade see no need for state regulation of trade margins. They believe that the measure could lead to destabilization of the economy and deficit. The Ministry of Agriculture also noted that a permanent limitation of margins is impossible without regulating each stage of production and sale of products. The Federal Antimonopoly Service con...
The Bank of Russia notes increased inflationary pressure in January
In part, the increase was due to the accelerated rise in the cost of fruits and vegetables. However, even without taking into account the main volatile components, the increase in prices (seasonally adjusted) was higher than in October-December 2022. The core consumer price index also increased over the month (seasonally adjusted to ......
Bloomberg learned about US concerns about Russia's place in the fertilizer market
Agency analysts note that Russia , China and Belarus control most of the world's fertilizer production, which worries the USand their allies against the backdrop of a crisis in relations with these countries The Russian special operation in Ukraine has revealed the role of fertilizers as a “strategic lever of global influence”, which is currently controlled by Russia and China, writes Bloomberg. T...
Bloomberg reports US concerns about Russia's leadership in the fertilizer market
Agency analysts note that Russia , China and Belarus control most of the world's fertilizer production, which causes concern in the USand their allies against the background of the crisis in relations with these countries Российская спецоперация на Украине выявила роль удобрений — как «стратегического рычага глобального влияния», которым на сегодняшний день управляют Россия и Китай, пишет Bloomber...
The German Institute reported the loss of Germany € 100 billion due to a special operation
As the president of the German Institute for Economic Research (DIW) pointed out,A sharp increase in electricity costs due to a Russian special operation cost Germany € 100 billion in 2022Views of BerlinViews of BerlinViews of BerlinViews of BerlinViews of BerlinViews of BerlinViews of Berlin Germany lost €1......
The authorities have agreed on the return of mass Chinese tourism to Russia
The first groups of Chinese tourists in Russia are expected by the summer, but the mass tourist flow will reach pre-pandemic levels in two to three years at best. Why the return of tourists from Chinaimportant for the economy and what are the problems with it Russia and China have resumed an agreement on visa-free group tourist trips, suspended due to the COVID-19 pandemic , follows from the respo...
Antonov announced the US attempt to justify its actions in Ukraine
by accusing Russia of crimes against humanitytrying to justify their own actions to foment the conflict in Ukraine, primarily the militarization of the country,said Ambassador AntonovRussian Ambassador to the United States Anatoly Antonov США пытаются оправдать свои действия по разжиганию кризиса на Украине, прежде всего милитаризацию киевского режима, за счет обвинений России в преступлениях прот...
US Deputy Treasury Secretary Promises to Increase Sanctions Pressure on Russia
The US will continue to work to weaken the Russian economy and take action to curb opportunities to circumvent sanctions. This will be announced in a speech on Tuesday by US Treasury Secretary Wally Adeyomo (the official's speech is at the disposal of CNN). “We still have work to do, and we will continue to step up efforts until Russia stops its baseless and illegal invasion,” Adeyomo said, noting...

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