РИА Новости58 minutes agoBusiness1 min readRussia

Rosstat named the cheapest product in September

In September, food deflation was recorded in Russia at 0.01%

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In September, potato prices in Russia decreased by 13.1%, becoming the leader in price reduction among products.
Rosstat also recorded a decrease in the cost of other vegetables and a number of goods, which led to an overall food deflation of 0.01%.

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Why It Matters

Rosstat publishes monthly data on changes in consumer prices for goods and services in Russia.

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The most cheaper product in Russia in September was potatoes; prices for them decreased by 13.1%, Rosstat reported.

In addition, among fruit and vegetable products in September, white cabbage fell in price by 12.7%, carrots by 12%, onions and grapes by 9.5% each, beets by 8.9%, apples by 8.6%, lemons by 4.3%, sweet peppers by 2.6%, cucumbers by 2.5%, fresh mushrooms by 1.2% and garlic - by 1.1%.

Rosstat also recorded a decrease in prices for granulated sugar - by 1.8%, coffee in quick service organizations - by 0.9%, products of quick service catering establishments - by 0.8%, champagne and cookies - 0.5% each.

Open Questions

How long will the downward trend in prices for fruits and vegetables last?

Rosstat named the cheapest product in September

In September, food deflation was recorded in Russia at 0.01%

Quick Look

In September, potato prices in Russia decreased by 13.1%, becoming the leader in price reduction among products.
Rosstat also recorded a decrease in the cost of other vegetables and a number of goods, which led to an overall food deflation of 0.01%.

AI-generated summary