# Figure of the day: Russians will save 62 rubles a month on sugar and butter

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Figure of the day: Russians will save 62 rubles a month on sugar and butter
5 February 2021, 15:47Economy
Experts have calculated how much Russians have saved on sugar and sunflower oil after the government intervened in the skyrocketing prices for these products. It turned out as much as 62 rubles. In Moscow, for example, with this money you can take a metro ride once, or you can afford a small cup of coffee.

The Gazprombank Center for Economic Forecasting has calculated the average figure of how many people consume sugar per month. According to various estimates, Russians consume between 5.8 and 6.2 million tons of sugar per year (taking into account sugar consumption by confectionery and beverage manufacturers). "If we divide this figure by the population of the country (146.5 million people), it turns out that on average each person consumes about 3.4 kilograms of sugar per month. According to similar calculations, it turned out that the monthly consumption of sunflower oil per person is 1, 2 liters. Thus, in 3.5 months, while the restriction on the growth of prices for these categories of goods, Russians will save 216.1 rubles, or 62 rubles per month, experts calculated. If we compare these data with the subsistence minimum, it turns out, that Russians living below the poverty line will save 0.5% of their monthly income on sugar and sunflower oil.

It's worth reminding that after December prices for sugar increased by 71.5% since the beginning of 2020, and sunflower oil rose in price by 23.7%, the authorities decided to artificially limit the rise in prices for these categories of goods. According to agreements with retailers, prices for sugar in stores should not be higher than 46 rubles per kilogram, for sunflower oil - no more than 110 rubles. At the same time, as the Russians note, the prices of individual manufacturers have indeed become lower, as evidenced by the price tags on the shelves, but the goods of these manufacturers are not on the shelves. More expensive brands are presented instead.

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