Food inflation recorded in Russia in September for the first time since 2015

Food inflation in RUSSIA in September in monthly terms was 0.99% against deflation of 0.51% in August this year, in annual terms, food price growth accelerated to 9.21% from 7.7% a month earlier, the report said. Rosstat.

Based on the data of the statistical office, the increase in food prices for the month occurred in September for the first time since 2015 - then food inflation in the first autumn month was 0.42%. A year earlier, in September 2014, the monthly price increase was 1%.

Food products last month increased by 5.48% compared to December 2020.

Excluding fruits and vegetables, food prices in September increased by 0.89% compared to August (compared to September last year - by 8.56%, by December 2020 - by 6.17%). Prices for fruits and vegetables increased by 1.84% compared to August, compared to September 2020, the increase was 15.17%, and compared to December, prices increased by 0.57%.

FAO: Global food prices up 32.8% year-on-year in September 

Non-food products over the past month have risen in price by 0.64% (in annual terms - by 8.06%, by December - by 6.29%). Prices for alcoholic beverages in September decreased by 0.01% compared to August, by September 2020 they increased by 2.14%, and compared to December last year - by 1.91%.

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