Kazakh Zerno - News and analysis of cereals

Kazakh Zerno - News and analysis of cereals
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Seasonal reduction in the prices of fruits- and-vegetables is fixed in Kazakhstan
Saturday, 23 September 2017 11:06

The decrease in prices for food products is observed by 0.9%, according to the Ministry of National Economy of the Republic of Kazakhstan. In the country, inflation for August 2017 was 0.1% (for the period since the beginning of the year - 3.9%, in annual terms - 7%).

Decrease in prices for food products by 0.9% contributed to the reduction of inflation by 0.1 percentage points. This is due to a seasonal reduction in the price of fruits- and-vegetables by 9.2%. Fresh fruit prices decreased by 4.4%, fresh vegetables - by 13.2%, potatoes - by 20.4%.

In addition, there is a decline in prices for granulated sugar - by 2.2%, buckwheat - by 2.9%, eggs - by 1.5%. As experts note, the reasons for the decline in prices are the surplus of these products on the market, the IA “Kazakh-Zerno” reports.

According to statistics data, by the beginning of the year the price index for 19 socially important food products amounted to 1.1%.

At the same time in August this year, there was a rise in prices for certain types of food: sausages - by 1.4%, poultry - by 1.2%, beef, pork - by 1.1%, horse meat, lamb - by 0.4%.

Prices for dairy products increased by 1.2%, alcoholic beverages - by 1%.

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