20:34 11 May 2023
Growth rate of prices in stores slows down, but they will continue to rise
In April, daily shopping in stores was over 20 percent more expensive than a year ago. Food and beverages alone increased by just over 19 percent y/y. The largest increase was observed in pet food, which went up by almost 49 percent y/y. Vegetables ranked second with an increase of nearly 36 percent y/y. Household chemicals were in third place with an increase of almost 28 percent y/y.
At the bottom of the list were fats, fruits, and stimulants, which were respectively more expensive than a year ago by 8.5 percent, over 10 percent, and just under 13 percent.
Commenting on these data, experts say that the growth rate of prices is indeed decreasing, but they also add that double-digit increases persist in stores. This means that prices will continue to rise but at a slower pace than before. And such a state may last for even the next five years.
(MondayNews)
