Russians warned about the growth of food prices

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Photo: Yuri Sagittarius / “Kommersant”

The most popular food with the new year will rise in price. To such conclusion experts of the Analytical center under the government, which predicted the dynamics of prices for basic foodstuffs, according to “Izvestia”.

The publication asked the centre to predict the prices for socially important food products: pork, bread, sugar, milk and eggs. According to experts, these goods are more expensive in 2019, ranging from four to ten percent, which significantly exceeds the predicted inflation by the end of the year.

In particular, the milk will rise in price by 6.1%, bread and bakery products — by 5.9%, pork — by 4.3 percent, eggs — 4.2 percent. These estimates are reflected in the conservative scenario, that is not taken into account possible changes in raw material prices, wage growth and fluctuations in company profits.

“Despite the reduced rate of value added tax (VAT) of 10 percent for socially important food products, increasing their prices in the short term will happen,” — said the expert of the center Anastasia Sysoeva.

According to her, the rising prices caused by more indirect factors, to the increase in VAT on related food products.

For many Russians, food prices are already a significant challenge. About one-third of Russians regularly save on food, and to the poverty line anyway consider myself almost half the population of Russia.

Video, photo All from Russia.

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