Since January consumer prices in Russia have grown 5 times more compared to Europe

For the first half of this year, consumer prices in Russia have grown by 4.5%. On the average, in the EU consumer prices have increased by 0.9% for the same period.

In the U.S., Canada and Turkey, consumer prices have grown by 2%, in the Republic of Korea by 0.7%, and in Norway the deflation rate was 0.4%. The only country, where the inflation rate was higher than in Russia is Belarus, the inflation rate there  is 12% for the period.

According to the Federal State Statistics Service of Russian Federation, the inflation rate of the food segment was one of the highest of all the other sectors in Russia: food prices rose by 5.9% in Russia, in the EU – by 1.6%.

And although price growth for vegetables decreased more than twice, it was still quite high – 8%.

Prices for fruits in Russia fell by 2% in August, in the EU decline in prices for the same period was 3.5%.

Source: www.fruitnews.ru