EU food product prices rise 1.1% in first four months of 2013, with Finland, Slovenia, Estonia, Hungary seeing highest increases, statistics show

MOSCOW , May 28, 2013 () – Prices on food products in Russia rose 2.8% in January-April 2013, more than 150% higher than the pace of increases in the European Union, which rose just 1.1% in the same period, the Federal State Statistics Service (Rosstat) reported.

In April alone, food prices were up 0.7% in Russia and 0.2% in the EU.

The biggest food price rises in the EU in April compared with March were registered in Slovenia (1.1%), Hungary (0.8%) and Austria (0.7%). For the period since the beginning of 2013, the highest food price jumps occurred in Finland (4.1%), Slovenia and Estonia (3.0%) and Hungary (2.7%).

Meanwhile, food prices were down in April in Cyprus (by 1.4%) and in the Czech Republic, Bulgaria, Denmark, Netherlands and Portugal (0.1%-0.6%).

The biggest price increase in Russia in the four months was for vegetables, up 23.9% (the average increase was 6.0% in the EU). Prices on bakery goods and cereals rose 3.9% in Russia (0.5% in the EU) and prices for fruit were up 3.4% in Russia (2.6% in the EU).

Dairy products, cheeses and eggs averaged up in price in Russia by 1.9% in January-April (down 0.1% in the EU). Prices for butter and fat were up 1.2% in Russia (up 0.7% in the EU).

Fish and seafood prices averaged up 1.1% in Russia (1.0% in the EU), and prices for sugar, jam, honey, chocolate and candy rose 1.4% (0.4% in the EU).

Prices for meat and meat products declined 0.9% in Russia in the four months, whereas in the EU they averaged up 0.2%.

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