Espreso. Global

Russia's inflation hits basic necessities hard — Ukrainian intel

22 January, 2026 Thursday
13:04

Russia's economy kicked off 2026 with surging inflation. In the first 12 days of January, the average daily price growth rate jumped to 0.104%, up from 0.014% at the end of 2025

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Ukraine's Foreign Intelligence Service reported the information.

The most dramatic price increases were recorded in the food sector, particularly for fruits and vegetables, where prices rose an average of 7.9%.

"Cucumbers became more expensive by over 21%, tomatoes by 13.6%, significantly exceeding typical winter levels and indicating problems with supply and logistics. At the same time, socially sensitive goods became more expensive – baby food, pork, and alcohol against the backdrop of increased excise taxes," intelligence officials reported.

They added that price growth has extended to essential non-food items. Cleaning products, hygiene items, and medications, including antivirals, have all become more expensive.

"Meanwhile, consumer electronics are becoming cheaper, which underscores an imbalance: inflation is concentrated not in the discretionary spending segment, but in the sphere of basic household consumption," the Foreign Intelligence Service emphasized.

Additional pressure comes from rising fuel prices – up 1.2-1.3%, which translates into increased logistics costs and transportation expenses. This creates a secondary inflationary effect and gradually raises prices in other economic sectors, deepening the overall inflationary environment.

"The most painful for the population has been the sharp increase in service tariffs. Metro fares rose by 10.7%, trams by 5.4%, significantly exceeding the general inflation rate," the statement noted.

At the same time, utility rates are rising, increasing the burden on household budgets.

"Collectively, these trends indicate deepening economic problems in Russia in 2026. Inflation is increasingly flowing into the sphere of basic expenses – transport, utilities, medicines, and food," the Foreign Intelligence Service concluded.

  • Previously, Ukraine's Foreign Intelligence Service reported that the real estate market in Russia continues to become more expensive. Apartment prices have risen in nearly all segments, making home purchases increasingly unaffordable.

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