Food prices in Russia and their changes over the year, data for February 2024

At the same time, price increases for some items look extreme. Price strengthening of over 40% over the year is demonstrated by 4 goods, from 20 to 40% - by 7 goods, from 10 to 20% - by 21 goods. As for the decline in prices for goods, it is much less pronounced. Thus, price weakening of more than 10% is observed only for three items.

In February 2024 , the inflation rate in RUSSIA was 7.67% (annualized for the last 12 months, according to the portal level-inflation.rf). An increase in prices above the inflation rate is observed only for 50 goods out of 113 that increased in price and out of 128 analyzed items in general. At the same time, calculation of the arithmetic average percentage change in prices for all analyzed items shows that, in general, food prices increased by 7.7% over the year.

Thus,  on an annual basis, food prices generally increase in price at a rate corresponding to the national average inflation rate.

Leaders in food price growth

To a greater extent, the increase in prices for the year, according to AB-Center calculations, affected the following food products: fresh white cabbage (+60.9%), chicken eggs (+54.9%), garlic (+44.7%), grapes (+42.3%), pears (+35.9%), bananas (+34.3%), chilled and frozen chicken (+26.1%), fresh tomatoes (+25.3%), lamb ( except boneless MEAT) (+23.6%), chicken legs (+22.7%).

Food products showing price increases above the inflation rate of 7.67%

In addition to the goods of the first group, strengthening prices (by 7.67% and higher) in AB-Center are noted for culinary products from poultry, apples, olive oil , lemons, oranges, polished rice, boneless pork, frozen squid, table beets, pork ( except boneless meat), live and chilled fish, fresh herbs, granulated SUGAR, whole frozen fish, canned tomatoes, coffee in fast food establishments, turkey meat , fresh mushrooms, salted, pickled, smoked fish, powdered MILK mixtures for baby food , boneless beef , bread made from rye FLOUR and from a mixture of rye and wheat flour, fruit juices, fish fillets, beef (except boneless meat), minced meat, semi-smoked and boiled-smoked sausage, carbonated drinks, cut frozen fish (except salmon species) , fortified grape wine , boiled sausage, raw smoked sausage, cakes, piece bakery products made from premium flour, bread and bakery products made from various types of wheat flour, mineral and drinking water, smoked meats, salted herring fillets, sausages, sausages, ketchup.

Food products whose price increases are below the inflation rate

Price increases below the inflation rate (lower than 7.67%), according to AB-Center calculations, were observed for natural bee honey, marshmallows, marshmallows, fresh cucumbers, national cheeses and feta cheese, natural canned and pickled vegetables, dry seasonings, spices , butter,salted herring , grape table wine, muffins, rolls, cheese curds, chocolate-glazed, dumplings, manti, ravioli, domestic sparkling wine, chilled and frozen cut salmon fish, dried fruits, beef liver, pork liver, semolina, caramel, carrots ,ice cream , table SALT , soft candies, chocolate-glazed, canned meat, gingerbread, cocoa, canned fish natural and with added butter, nuts, bagels, vodka,frozen whole shrimp , canned fish in tomato sauce, dry soups in bags.

Also, price strengthening below the inflation rate was observed for chocolate sweets, natural and with additives, preserves, jam, marmalade,peas and beans, green tea, black long tea, cookies, cereal flakes (breakfast cereals), salted and smoked delicacy fish products, pasteurized whole drinking milk 2.5-3.2% fat, children's cottage cheese, ordinary domestic cognac, canned meat for baby food, sour cream, processed cheeses, hard, semi-hard and soft cheeses, wheat flour, fermented milk products, bagged black tea, canned vegetables for baby food, natural instant coffee, condensed milk with sugar, Hercules oat flakes, frozen vegetables, frozen berries ,yogurt , natural coffee beans and ground, chocolate, pasteurized whole drinking milk with more than 3.2% fat content,cottage cheese , millet, mayonnaise .

Food products that have decreased in price over the year

Over the year, the price of onions (-28.0%), buckwheat grains (-14.2%), potatoes (-14.1%), oatmeal and pearl barley (-6.3%) decreased in price.salmon caviar , domestic (-3.6%), margarine (-3.3%), pasta made from premium wheat flour (-1.9%), milk for children (-1.8%), drinking milk whole sterilized 2.5-3.2% fat content (-1.4%), sunflower oil (-1.0%), vermicelli (-0.9%), chewing gum (-0.8%), drinking cream (-0.6%), canned fruit and berries for baby food (-0.3%), beer (-0.2%).