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Embargoed Food Prices Continue to Grow in Russia State Statistics Service

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Russia’s Federal Statistics Service (Rosstat) said Wednesday it had recorded continued growth in prices for products affected by Russia’s embargo imposed in response to Western sanctions.

MOSCOW, August 27 (RIA Novosti) – Russia’s Federal Statistics Service (Rosstat) said Wednesday it had recorded continued growth in prices for products affected by Russia’s embargo imposed in response to Western sanctions.

In the past week, prices for poultry grew by 1.4 percent, and 0.9 percent for pork. Prices for frozen fish, canned meat, sausages, cheese and tea added between 0.3 percent and 0.5 percent.

Although the majority of fruits and vegetables have become cheaper, as they usually do during the harvest season, prices for apples increased 0.5 percent over the past seven days.

In all, prices in Russia have grown 0.2 percent since the beginning of August.

In August, Russia introduced protective measures banning the import of agricultural and food products from countries that had imposed sanctions on Russia, unjustifiably blaming Moscow for meddling in Ukraine’s internal affairs.

Back in March, in response to Crimea’s reunification with Russia, the United States and the European Union introduced a package of targeted sanctions against Russia.

As the Ukrainian crisis escalated, the United States introduced several new rounds of sanctions targeting Russia’s defense, energy and banking sectors, and persuaded its allies to add Russian individuals and entities to their own blacklists.

Moscow has repeatedly called the language of sanctions “counterproductive,” saying the measures “threaten international peace and stability” and run counter to the principles of international law.

Tags:
inflation, prices, embargo, food, sanctions, EU
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