Russians warned about the rising prices of sweets

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www.vsyako.netPhoto: Andrew Stenin / RIA Novosti

Concern “Babaevsky” and factory “Red October” warned of a possible price increase on their products due to increased cost of raw materials. On Wednesday, may 15, reports “Interfax” with reference to their quarterly reports.

It is noted that it is primarily on imported raw materials — cocoa beans, and nuts. In addition, the rise in the cost of the finished product can impact the growth of the major currencies.

According to the report “Babayevsky”, peanuts has risen 15.4 percent in the first quarter of this year compared to the same period last year, almond — 15.2%, condensed milk — 17.9%, milk — by 12.2%, sugar — by nearly 42 percent.

According to the “red October”, the rising price of peanuts increased to 14.3%, cocoa paste — 15.9 percent, condensed milk, 14.5%, sugar — 37.3 percent.

However, it is emphasized that the decision to raise prices will take into account the actions of other market players.

Earlier in may it was reported about growth of prices for bread and bakery products in Russia. According to the Association of producers and suppliers of food products “Rusprodsoyuz”, it happened because of the increased cost of raw materials — wheat and flour.

Video, photo All from Russia.

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