Grocery sorting – Business – Kommersant

Grocery sorting - Business - Kommersant

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In 2022, inflation in different countries of the world broke records. Experts named the main drivers of rising energy and food prices. And if the cost of the first decreased from peak values, then the second continued to rise in price in 2023. How food prices have risen – in the material “Kommersant”.

IN Russia year started with cucumber rallyfollowed by onions and tomatoes. In general, how informed Rosstat, the rise in prices for fruits and vegetables has a significant impact on the dynamics of food prices.

IN Italy in January calculated by Bloomberg index Pizza “Margarita” grew by 25% yoy, well ahead of the inflation rate (10.7%). The most significant growth came in the key ingredients for making homemade pizza – mozzarella and flour.

In the neighboring Spain recorded a record growth index paella. In February, the cost of the main ingredients of the dish increased by 19.1% year-on-year, with an average price increase of 6%. Olive oil, vegetables and legumes have especially risen in price.

In France are common inflation rates in comparison with most European neighbors were quite restrained. Nevertheless Ingredients for the preparation of traditional rooster in wine (Coq Au Vin) showed a record price increase in the entire history of calculations – from €16.4 to €18.92 per year.

IN Great Britain the price of milk, bread and eggs rose especially sharply. Thus, grocery kit for the traditional British breakfast, calculated on the basis of data from the National Statistical Office, rose by almost £6 year-on-year, to £35.1.

The fact that for the sake of saving it would be nice to give up breakfast, they thought in USA. Publication with such a recommendation was published in a respectable edition of the Wall Street Journal. Against the backdrop of a general rise in food prices in the country, a record jump in egg prices was recorded, which received from experts the corresponding term “egflation” – a combination of the English words egg (egg) and inflation (inflation). How reported The US Federal Bureau of Labor Statistics, in February 2023, producer prices showed an increase of 64.3% year-on-year. Over the previous ten months, from April 2022 to January 2023, this figure never fell below 120%, and in November 2022 a historical record was recorded – 280.9%. Following the wholesalers, the end consumers also felt the rise in prices, for which the peak was in January.

Germanic the statistical office, on the other hand, reportedthat, following the results of February, the growth in prices for eggs in the country remains rather restrained compared to the average level in the European Union (by 31.1% year-on-year) and such neighbors as the Czech Republic (95.1%) and Belgium (43.8% ). The largest increase was recorded in subgroups dairy products (by 25%) and flour, bread and bakery products (by 34%).

IN Estonia Sugar has become a product that has risen in price at a record pace. According to the latest data (March 2023 to March 2022), its value has more than doubled. Flour and bread, especially white bread (by 59%) also went up significantly.

High inflation rates, largely due to geopolitical factors, were recorded not only in the developed countries of the West. One example of a sharp surge in prices was the rise in price of onions by Philippines. This product, which is an important ingredient in many national dishes, last year has risen in price ten times at once. If in April it cost 70 pesos ($1.28) per kilo, then by the end of the year – 700 pesos ($12.80), more expensive than meat.

The transformation of a simple vegetable into a luxury product has led to a number of curious messages: A store in Manila allowed customers to exchange goods for onions, a Filipino couple played an onion wedding, and the crew of a Philippine Airlines flight was caught trying to smuggle 40 kg of onions and fruit in their luggage.

It should be noted that by April of this year, the situation with onion prices in the Philippines is largely returned to normal. But in European countries, in order to stop the rise in price of products, the authorities are forced to resort to various measures, from tax cuts and price caps on certain categories to stricter control in the retail sector. In order to keep prices at the same level, food manufacturers began to reduce the number, volume or weight of goods in the package more often. This practice also has a corresponding term − shrinkflation (from the English shrink – “shrink” and inflation – “inflation”).

Olga Shkurenko

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