{"id":107473,"date":"2025-05-16T22:52:12","date_gmt":"2025-05-16T22:52:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/107473\/"},"modified":"2025-05-16T22:52:12","modified_gmt":"2025-05-16T22:52:12","slug":"russia-economy-meltdown-as-food-prices-rise-by-12-66-and-putin-faces-abysmal-harvest-world-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/107473\/","title":{"rendered":"Russia economy meltdown as food prices rise by 12.66% and Putin faces abysmal harvest | World | News"},"content":{"rendered":"

Vladimir Putin<\/a> is facing an economic crisis<\/a> as new official data has revealed that inflation is skyrocketing in Russia<\/a>. According to a report today by one of the country’s news services, TASS, annual inflation, which the Russian President has personally cited as a key issue,<\/a> amounted to 10.23% in April 2025 against 10.34% in March 2025. In monthly terms, this means consumer prices increased by 0.4%, going by figures from the Federal Statistics Service. Reports add that food products in April increased in price by 0.71% compared to the previous month. In annual terms, this was an increase of 12.66%.<\/p>\n

Meanwhile, prices for non-food products decreased by 0.07% in monthly terms, but increased by 5.43% in annual terms. In addition, officials say the cost of services rose by 0.53% compared to March 2025, and by 12.76% year-on-year. It comes as heavy rain and a frosty spring have hit Russian crops this year<\/a>. The price of potatoes, for instance, has soared by 52% since the start of the year, according to figures.<\/p>\n

Kommersant daily data suggests that the food has tripled in price in the supermarkets compared to last year, reaching a record high of 85.4 roubles (\u00a30.79) per kilogram.<\/p>\n

Import duties on potatoes were lifted amid concerns about inflation, however more imports from Egypt have mitigated against the rise.<\/p>\n

Moreover, the price of cabbage has increased by 49% since the start of the year, and beetroot is up 40%.<\/p>\n

Onions are up by 34%, data suggests.<\/p>\n

Russian farmers have reportedly been “seriously damaged” by the hostile weather<\/a>, and the situation is so dire that it has led officials to consider emergency measures.<\/p>\n

Russian news service Interfax reported earlier this month that frosts were observed in a number of regions of the Southern, Central and Volga Federal Districts in late April and early May.<\/p>\n

The Union of sugar producers of Russia<\/a>, Soyuzrossakhar, wrote: “In the future, this may have a negative impact on plant development and harvest.<\/p>\n

“Sugar beet crops in the Belgorod and Lipetsk regions suffered the most. According to preliminary estimates, the area of \u200b\u200bsugar beet replanting may amount to more than 75 thousand hectares.”<\/p>\n","protected":false},"excerpt":{"rendered":"Vladimir Putin is facing an economic crisis as new official data has revealed that inflation is skyrocketing in…\n","protected":false},"author":2,"featured_media":107474,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,471,6800,476,332,16,15,333,5190],"class_list":{"0":"post-107473","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-farming","11":"tag-food-section","12":"tag-inflation","13":"tag-russia","14":"tag-uk","15":"tag-united-kingdom","16":"tag-vladimir-putin","17":"tag-world-economy"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114519968625602678","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/107473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=107473"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/107473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/107474"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=107473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=107473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=107473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}