In 2014, prices for products in retail chains increased by 20-25% on average; and, according to Andrey Karpov, executive director of the Association of Retail Companies, in the first months of 2015, price for f&b products may rise by 14.5-15%.
According to Karpov, food prices will increase both in premium and economy segments. Price growth will affect not only imported products, but also Russian goods, as the main raw material for them or ingredients are imported. However, the rise in prices will not be the same as the currency rates growth against the ruble.
According to the Federal Statistics Service, inflation rate was 8,5% since the beginning of 2014, while in 2013 it was 7.3%.