Food prices in Russia and their change for the year, data for July 2022

Food prices in RUSSIA in July 2022, compared to July 2021, show a significant increase. AB-Center analyzed the dynamics of 121 products, of which five products show a decrease. The weakening of prices for five goods is definitely a positive trend, since in the previous article, when comparing data for June 2021-2022. we noted price reductions for only three foodstuffs.

In July 2022, in relation to the values ​​of a year ago, an increase in food prices of over 25% is observed in 39 goods, over 10% in 102 goods.

it should be noted that inflation in the country for the year (if we compare July 2021 and July 2022), according to the inflation calculator on the level-inflation.rf website, amounted to 15.45%. Price growth above the inflation rate is demonstrated by 83 goods out of 121.

The strengthening of prices in the Russian market is largely due to global trends. In 2022, global food prices peaked. Although in 2023-2024. and some weakening is expected, with a high degree of probability, prices will no longer return to the level that was noted in 2020-2021.

Leaders in rising food prices

To a greater extent, the increase in prices for the year, according to AB-Center, affected the following food products: margarine (+49.6%), granulated SUGAR (+44.2%), onion (+43.2%), canned food tomato (+40.7%), sweetened condensed MILK (+39.0%), polished rice (+38.7%), biscuits (+36.5%), frozen squids (+35.9%), dried fruits (+35.4%), peas and beans (+34.8%), table SALT (+34.8%).

Food products showing price increases above the rate of inflation

In addition to the goods of the first group, a significant price increase (by 15.45% and more) in the AB-Center is noted for natural coffee in beans and ground, muffins and rolls, buckwheat groats, frozen vegetables, curd cheeses glazed with chocolate, soft sweets , chocolate-glazed, gingerbread, chilled and frozen cut salmon fish, marshmallows and marshmallows, oatmeal and pearl barley, vermicelli, frozen berries, natural instant coffee, semolina, long leaf black tea, salted herring, Hercules oatmeal, caramel, natural chocolate sweets and with additives, processed cheeses, butter, green tea, carbonated drinks, salted and smoked fish delicacies, premium wheat FLOUR pasta, wheat flour, beef liver, ketchup, cream ice cream, bagged soups, fish fillet,beef (except for boneless MEAT), cakes, bakery products made from high-grade piece flour, canned meat, hard and soft rennet cheeses, canned natural fish and with the addition of butter, cocoa, salted herring fillet, sour cream, lamb products, fermented milk products, canned food fish in tomato sauce, bagged black tea, canned meat for baby food, black pepper (peas), canned fruits and berries for baby food, canned vegetables for baby food, whole pasteurized drinking milk 2.5-3.2% fat, boneless beef, culinary products from poultry, yogurt, national cheeses and cheese, frozen whole shrimp, mayonnaise, pears, whole sterilized drinking milk 2.5-3.2% fat, nuts, jam, jam and marmalade, bread made from rye flour and from a mixture of rye and wheat flour,natural canned, pickled vegetables, cereal flakes (breakfast cereals), salted, pickled, smoked fish, fruit juices, dumplings, manti and ravioli, minced meat, mineral and drinking water, dry milk mixtures for baby food, chicken legs, chewing gum , lemons and apples.

Food products whose prices rise below the rate of inflation

According to AB-Center, prices rose below the level of inflation (lower than by 15.45%) for chocolate, sausages and sausages, live and chilled fish, bananas, semi-smoked and boiled-smoked sausages, frozen cut fish (except for salmon breeds), OLIVE OIL, garlic, boiled sausage, coffee in fast-food establishments, grape table wine with a strength of up to 14% ALCOHOL by volume, chilled and frozen chickens, lamb (except for boneless meat), raw smoked sausage, domestic sparkling wine, fresh tomatoes, turkey meat, salmon caviar, domestic, fortified grape wine with a strength of up to 20% vol. alcohol, fresh herbs, smoked meats, millet, fresh mushrooms, sunflower oil, pork (except for boneless meat), vodka with a strength of 40% vol. alcohol and above, boneless pork, oranges, ordinary domestic cognac, whole frozen fish,

Food items that have decreased in price over the year

Over the year, the price of table beet (-47.4%), carrots (-30.5%), fresh white cabbage (-24.3%), potatoes (-2.7%) and grapes (-2.1%) decreased in price. %). The weakening of prices for these types of products is associated with a significant increase in the volume of their supply on the market.

About the recent decline in food prices

In this article, only the change in prices for the year is considered. If we consider the current data and compare them with the indicators of a month ago, we see a significant weakening of prices for most types of food products.