“The other” bread almost doubled in price in six months

2021-06-20

What do we do? Eat cakes?

Since the beginning of 2021, prices for potatoes have gone up by 82.09%, and for carrots even higher – by 102.68%, LENTA reports, citing Rosstat information. In the period from 8 to 15 June alone, these products became more expensive by 7% and 10.2%, respectively. For the first time since 2016, the annual inflation rate exceeded 6 percent.

Also, over the past week, these products took a jump:

  • white cabbage by 4.4%;
  • onions by 1.1%;
  • canned meat for baby food by 0.92%;
  • margarine by 0.57%;
  • candies by 0.44%;
  • mutton by 0.37%;
  • pork, sausages, sour cream, chocolate – by 0.3%;
  • frozen fish by 0.23%;
  • cheese and beef by 0.16%;
  • cookies by 0.15%.

Cucumbers fell down by 5.5%, tomatoes by 4.9%, vodka and pasta fell in price by 0.3%.

Chairman of the Government of the Russian Federation Mikhail Mishustin ordered the Ministry of Agriculture “to give the utmost consideration and take responsibility for staple food products monitoring.” And that seems to never get going any further than overseeing the process of price monitoring. Just a month ago, Deputy Prime Minister Yuri Trutnev gave voice to his opinion that the price freezing in food products would push the country towards an economic crisis and “relapse into the conditions of the Soviet Union.”

Needless to say, potatoes are the essential foods for the overwhelming majority of Russians. And such a rapid pace in potato price rally is dealing a heavy blow to the well-being of the millions of people on lower incomes.

There are many reasons why price tag figures are jumping so high in stores: “it’s out of season”, “it’s a pandemic out there, high world prices, low world prices, droughts, floods, etc”. Including the owners of manufacturing facilities’ “natural” desire to increase their profits. Supporters of market relations economy believe that these are all the conditions to deal with in order to retain the possibility of “free competition”, which is the “engine of progress”. Business interests come first – way before people’s health and lives.

The nationalization of the means of production and the state-planned economy give society a real chance to meet all these challenges, to make people’s future more predictable, and set the directions of food price changes only downwards. After all, the main goal of the economy becomes not to increase the income of the rich while the millions are falling into poverty, but to ultimately satisfy the needs of all the people in society.

P.S. Marie-Antoinette was known for her words adressed to her peasants who were unable to get bread to eat. “Well, in that case let them eat cakes”, said the Queen. They’ve been undoubtedly talking down on the royal head for all those years, to cut it short. But the poor people in hunger and ignorance “cut” their queen shorter by exactly a head beyond the shadow of a doubt.