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Russia suffers increases in egg prices

russia

Russia

Russians express their concern about the increase in the price of a basic food: eggs, which points to the fragile economic situation, affected by sanctions.

Vladimir Putin, Russia’s president, repeatedly praises his economy’s resilience in the face of sanctions, but Russians’ purchasing power is declining and inflation accelerated to 7.5% annually in November.

The increase in egg prices was 40% annually in November, according to the Russian statistical agency Rosstat.

War or conflicts in Russia affect important actors in food production and trade and can have several effects on food prices worldwide. Some of the reasons include:

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