Food price inflation in Russia in July 2025 is 1% higher than in July 2024
one can look at the graph of changes in food and other prices here (see figure). In 2024, the rate of growth (inflation) of food prices was significantly lower (by 1-3%) than in 2025. Food is the largest part of the consumer basket – 50%. In July 2025, overall inflation (8.8%) is, of course, slightly lower than in 2024 (9.1%). However, food prices are rising faster, which is most painfully felt by the majority of the population, whose income is below average. The reduction in the Central Bank rate is good for the rich, but it hits the poor hard. (The Gini coefficient in Russia is 0.408 in 2024 and is gradually growing – income inequality is rapidly increasing.) I wonder how much the food price index will grow in August-October. Last year, prices quickly fell to 9% in October from 9.7% in July. Now in July it is 10.79%. In April it was 12.66%.
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Source: http://mechonomic.blogspot.com/2025/08/food-price-inflation-in-russia-in-july.html
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