The Ministry of Economic Development reports a decline in food prices and stabilization of inflation.

Last week (July 29 – August 4, 2025) , RUSSIA recorded deflation (-0.13%). Food prices fell at an accelerated pace (-0.34%), largely due to seasonal price cuts on fruits and vegetables (-4.6%).

Main changes:

• Vegetables:  potatoes (–10.8%), carrots (–8.4%), onions (–6.3%), cabbage (–9.7%), tomatoes (–6.0%).

• Dairy products:  butter fell in price (-0.1%), other products remained unchanged.

• Meat:  beef prices have remained almost unchanged, chicken prices are stable.

• Cereals and sugar: pasta and cereals (–0.2%), SUGAR (–0.1%), eggs (–0.6%).

• Bread: price growth slowed to 0.1%.

World food markets

Global food prices fell by 1.5%, although year-on-year growth was +9.3%.

Dynamics of key products:

• Sugar: white (–1.4%), raw (–2.0%).

• Grains: wheat in the US (-2.5%), corn (-1.2%), in France wheat prices rose slightly (+0.6%).

• Oils: soybean (–4.9%), palm – unchanged.

• Meat: beef (–0.8%), pork (+0.9%).

Fertilizer market

Fertilizer prices increased by 0.9%, mainly due to mixed formulations (+1.7%). In a year-on-year comparisonthe price increase reached +49.5%.

Conclusion: Within the country, the downward trend in food prices continues, while the global market is showing uneven dynamics.