The Russian Ministry of Economic Development has forecast that Russians will soon see a significant drop in food product prices. In September, compared with June, the cost of fruits and vegetables may fall by almost 80%.
In the first month of autumn, compared to the first summer month, the overall decline in food prices will be 1.3%. This forecast has been made by specialists of the Ministry of Economic Development of Russia, as reported last week by the newspaper Izvestia, which got a letter from the department regarding the socio-economic development of the Russian Federation in the coming years.
According to this information, the decline in prices for fruit and vegetables in September compared with June will reach 79.6%. In the autumn of 2018, prices for all food products will not differ much from the prices of the current autumn, the forecast says.
The agricultural producers interviewed by the publication agree with the conclusions of the experts of the Ministry of Economic Development and Trade.
“The Ministry of Agriculture reported that this year’s harvest is quite good, so the products will really fall in price. Every September, it is more profitable to purchase not only fruits and vegetables, but also mushrooms, as well as fresh red caviar, which hits the shelves at that time,” explained the industry representative to the newspaper.