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May 21 – May 27, 2012

Increase in Food Prices. Regional review.

The situation has not changed
Increase in Food Prices. Regional review.

In comparison to March 2012, the consumer price index for goods and services in April 2012 amounted to 101.7%. Compared to December 2011 – by 106.8%. A rise in food prices in April 2012 compared to March 2012 led to an increase of the composite consumer price index by 0.9%. Index for industrial goods and services grew by 0.4%.

For reference: The consumer price index in April 2012 compared to March 2012 amounted to 100.3%, compared to December 2011 – by 101.8%. In Kazakhstan, the figures are respectively 100.7% and 101.7%; in Ukraine – 100% and 100.7%.

The food price index in April 2012 compared to March 2012 amounted to 101.8%. Compared to December 2011 – by 106.9%. Changes in food prices in April 2012 compared with the previous month caused an increase of 0.9% in the composite consumer price index.

In April 2012 compared to March 2012, the prices for beef (except boneless meat) rose by 8.1%, vodka – by 6.1%, boneless pork – by 5.9%, beer -by 5.8% , boneless beef – by 3.3%, non-alcoholic beverages – by 2.3%, pork (except boneless meat), salt – by 2.2%, eggs – by 2%.The prices for the following foods rose also increased: milk and dairy products, premium sausages, bread and bakery products, canned meat, fruit, fresh fish, smoked sausage, mayonnaise – by 1.1-1.6%. Prices for vegetable oil decreased by 1.7%, buckwheat – by 1.4%, millet – by 1.2%, frozen fish, rice, oat flakes “Hercules” – by 0.5-0.8%.

Price for fresh tomatoes increased by 15.9%, cabbage – by 7.5%, garlic – by 5.3%. Prices for spring onions fell by 14.1%, bell peppers – by 10.3%, cucumbers – by 5.1%, potatoes – by 3.2%, carrots, onions – by 0.9%. Price for bananas dropped by 4.7%, citrus fruits – by 1.4%.

The cost of the minimum food basket in April 2012, as compared to March 2012, increased by 2.3%; compared to December 2011 – by 5.6%, as compared to April 2011 – by 2.2 times.

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