Izvestia: Russian producers of sweets and chocolate will raise prices up to 20% from December 1 
New Year, which has already begun to inform. In particular, the manufacturer of sweets and chocolate “Akkond” warned retail chains about a sharp rise in prices for products by 5-20 percent from December 1. The brands Krasny Oktyabr, Babaevsky and Korkunov also announced an increase in prices for these products, Izvestia reports.
Manufacturers explained the rise in prices for sweets by an increase in prices for ingredients and packaging. Akkonda referred to an increase in the cost of raw materials, packaging and fuel and lubricants. The company emphasized that updating prices is necessary for a stable supply of goods.
“We receive such letters every year during a period of increased demand for sweets – before the New Year. This indicates that suppliers do not miss the opportunity to take advantage of short-term market conditions market “, – emphasized in the chain of stores” Verny “.
The Ministry of Agriculture commented on the situation and added that confectioners are working in conditions of significant growth in costs. The department noted that manufacturers are preventing a sharp rise in product prices by optimizing internal processes and reducing margins. The rise in prices for sweets covers only individual companies, the Ministry of Agriculture concluded.
Earlier, Russia had been warned of a sharp rise in prices for drinks. Manufacturers of non-alcoholic domestic drinks faced difficulties in the supply of citric acid.