calendar>>February 24. 2011 Juch 100
Russian Official Predicts Food Price Hike
Moscow, February 24 (KCNA) -- The Russian Finance Minister in a TV interview on Feb. 18 said that food price is likely to rise steadily worldwide this year.

This year's food price will be a record high, the minister said. Issues of holding the price hike in check will be discussed at the Krasnoyarsk Economic Forum.

In January the potato price jumped more than 30 percent in eighteen federal subjects of Russia, while the beef price went up 4.4 percent on an average and the liquor and bread prices 2.6 percent throughout the country.

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