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Food Prices Rising

Bashkirova and partners continues the series of studies, dedicated to how the economy crisis and Ruble devaluation affect Russians’ purchasing power and their social well-being. According to the Russian statistic committee consumer prices for food have increased by 20,3% over the past 12 months. In time of the national representative study we have wondered with our respondents how the share of their expenses on food changed within their household budget.

 

The economic crisis, the national currency devaluation and introduction of ban on imports of food products from a number of countries have resulted in considerable rise in price. Three quarters of Russians (75%) have communicated the share of expenses for food products increased in their household. Moreover 59% have noted considerable increase.

The share of expenses on food is noticed by respondents representing different social groups. Thus, for e.g., in the category with incomes between 10 000 and 20 000 rubles this price growth was acknowledged by 77% of the interviewed, in the segment of individuals with the monthly income within the range of 75 000 - 100 000 rubles the same response was given by 75% (i.e. the difference revealed appears nearly equal to the value of the sample error).

The unemployed are found to be the ones who were the most affected by the food prices increase. These people have been facing hard times enough already. The least affected seem students, typically living with their parents, or those quite content with ascetic life in a student hostel (15% down from the mean). 

It’s curious that in residents of the Southern and Ural federal districts, the growth in share of expenses on food has been noted by 89% and 84% accordingly. At the same time this figure is only 56% in our respondents residing in the Far East. The reason for this could be imports of non-expensive food products delivered from China, which is not on the list of countries subject to contra-sanctions imposed by the Russian government.

 

 

This study was conducted in August 2015 based on all-Russia random route sample (18+) by means of face-to-face interviews in place of residence. Altogether 1500 respondents in 8 federal districts, 150 settlements, 200 sample points have been surveyed. The sample error makes up ± 2,5%, C.I. is 95%.  

 





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