Russia Lags Further and Further behind European Countries
Inflation rate in Russia has decreased, but prices on food continue to grow faster than in European countries
VLADIVOSTOK. April 27. VOSTOK-MEDIA – Inflation rate has decreased in Russia. Though, prices on food continue to grow faster than in European countries.
Prices on food in Russia increased by 5.3% for the first quarter, whereas the rise in prices on food in EU countries amounted to 0.6% for the same period.
Some food products increased in price dramatically. Thus, fruit has risen by 19.5% (in EU countries by 1.1%); sugar, jam, honey, chocolate and sweets – by 11.8% (EU – by 1.3%); vegetables – by 9% (EU – 4.8%).
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