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Egg Prices Rise 3% in Russia Amid Seasonal Demand
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- •Rosstat reported a 3.4% increase in egg prices in Russia during the week ending February 16.
- •The Ministry of Agriculture stated wholesale egg prices rose nearly 90% due to seasonal demand around Maslenitsa and Easter.
- •Inflation in Russia from February 10 to 16 was 0.12%, with gasoline prices rising 0.11% in the same period.
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- ▸If demand for eggs remains high through the Easter period egg prices could continue to rise, increasing costs for Russian consumers and potentially impacting food inflation.
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