Russian food producers raised prices by 0.8% in February.

22.03.2024
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Russian food producers raised prices by 0.8% in February.
Photo is illustrative in nature. From open sources.

In annual terms, growth was 9%.

In January, compared to December 2023, a decrease in prices of 0.2% was recorded, compared to January of last year, the increase was 8.6%.

These figures do not take into account prices in the beverage market. In February, beverage producers increased prices by 0.3% compared to January, representing a year-on-year increase of 6.1%.

Price growth has slowed. Compared to December 2023, beverage prices from manufacturers increased by 2.8% in January, or 7.3% year-on-year.

As reported, in 2023, food producer prices increased by 2%, and beverage prices by 7%.

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