Flour and sugar in Ukraine are the cheapest in CIS

Prices for Ukrainian flour and sugar were the lowest among CIS countries, according to a monitoring of prices for socially important products in seven CIS countries, which was conducted by the Federal Antimonopoly Service of Russia (FAS).

“On February 1, 2013, the lowest average price of wheat was reported in Ukraine – RUB 20.71, whereas in Russia it was the highest – RUB 30. The lowest average price of sugar was recorded in Ukraine – RUB 27.49, and the highest price of sugar was reported in Armenia – RUB 46.34,” reads the statement.

In addition, the average deviation from average retail prices recorded in CIS countries is within 20%. An exception is salt, the average deviation for which is the most significant – about 39%. In Moscow, for example, the average retail price of salt is 2-4 times higher than in other CIS countries. The price of salt in Russia is RUB 24.88, in Moldova – RUB 12.45, Ukraine – RUB 11.76, Kazakhstan – RUB 7.2, and Tajikistan – RUB 6.16.

The exchange rate of the Russian ruble to the hryvnia on February 1, 2013 was RUB 36.9429/UAH 10.

Source: Ukrinform

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