Sugar prices rise 1.6% in Russia over week
Sugar prices in the Russian Federation rose by 1.6% this week, while egg prices dropped by 0.2%.
Consensus
- Sugar prices in Russia increased by 1.6% from August 18 to 24, 2024.
- The rate of price increase for sugar accelerated compared to the previous week.
- Sugar prices have been rising since the beginning of 2024, with a year-to-date increase of 24.7%.
- The overall inflation rate for food products in Russia in 2025 was 5.2%.
- Other food items such as meat, dairy, and grains also experienced price changes during the period.
Points of divergence
- Economist Svetlana Sazanova stated that no sharp increase in sugar prices is expected in Russia due to the absence of objective conditions for product shortage. — vesti
- Rosstat reported a 1.6% increase in sugar prices over one week, with the rate accelerating from 0.5% the previous week. — interfax
Coverage (2 sources)
- Economist revealed whether sugar prices will rise in Russia — Вести
- Price increase on sugar in Russia accelerated to 1.6% in a week, eggs became cheaper by 0.2% — Интерфакс