Price increases of up to 10% expected

The Russian Ministry of Economic Development expects prices for food to go up by 9.5-10%. According to the ministry, the boycott is responsible for 2.5% of price increases. The decreasing value of the rouble would account for price increases of 4%. Rosstat, the Russian statistics service, calculated that prices went up by 8.5% this year. In November, prices increased by 1.3% on average. Fruit and vegetables got 8.7% more expensive.

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