Food prices in Russia increased by nearly one-third since the introduction of the embargo
Food prices in Russia increased by 31.6 percent over two years, as a result of the embargo against the Western countries – the Russian economic development ministry told RIA Novosti news agency on Tuesday.
The russian food embargo introduced in August 2014 led to imbalances and a decline in competition. The rise in food prices was 1.2 times higher than the general inflation rate, and contributed to the inflation with 46 percent. (Pogár Demeter, MTI)
Related news
Róbert Zsigó: food prices have become cheaper by nearly 20 percent on average due to margin reduction
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Tisza Party Promises VAT Cuts – cut will consumers see lower prices?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >End of the century: drought drove up food prices in July
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
There are both positives and negatives in the new Hungarian certificate
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Christmas 2025: we start earlier, spend consciously and choose using AI
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: In the second quarter of 2025, the economic performance exceeded the second quarter of 2024 by 0.2 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >