Food Prices In Russia Rise Considerably

The food prices in Russia have risen significantly, reports the Nezavisimaya Gazeta daily, quoting data of the Russian Statistics Service.

Inflation is also rising - the data as of the beginning of December shows that the annual inflation has reached 9.4%.

In one year the average price of pork and sugar rose by 25%, while prices of buckwheat - one of Russians' staple foods - soared by 65%. Fish and seafood prices rose by more than 15%.

The daily calculated that between October and November the average price of the market basket of basic foodstuffs rose by 3% and since the beginning of the year - by 9.8%, based on the official statistical data.

Novaya Gazeta, however, notes that in reality the prices in some regions of Russia soared even higher, quoting data from the Nizhegorod region. There prices of potatoes rose by 40%, of cabbage - by 32%, of fish - by 42% and of buckwheat - by 74%, compared to November 2013.

According to the publication, the producers of meat and meat products expect a further price hike of around 20-30%, while the traders of coffee and tea expect the prices of tea to rise by 20% in 2015.