In the period from September 20 to September 26, 2022, consumer prices for sunflower oil in Russia continued to decline, while margarine, on the contrary, began to rise in price. This is reported by analysts of the Federal State Statistics Service (Rosstat) in their monitoring.
Thus, according to the agency, during the reporting period, oil in the Russian Federation became cheaper by 0.05% against a decrease of 0.15% in the previous week under review.
As reported earlier in the Accounts Chamber, deflation in the Russian Federation may continue in September and early October, which will be facilitated by a number of factors: among them, a seasonal decline in food prices, primarily fruits and vegetables, flour, sugar, sunflower oil, subject to a good harvest.
At the same time, the Ministry of Industry and Trade stated that there would be no state regulation of prices in the country, since it could negatively affect the economy, up to a shortage of goods.
“The continuous state regulation of prices can have a negative impact on the economy, up to a shortage of goods and the ruin of manufacturers and trade organizations. Therefore, we consider it expedient to use market methods as much as possible and carry out work on individual groups of goods in a timely manner using mechanisms to balance food markets,” the message says.
It should be noted that according to Rosstat, margarine in the period under review rose slightly in price – by 0.18%. From September 13 to September 19, 2022, the product became cheaper – by 0.4%.
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