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News about prices: events, facts and developments on tafs uz.

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World Bank links gas price growth in Europe to the EU's abandonment of Russian fuel

In its 'Commodity Markets Outlook' report, the World Bank named the European Union's abandonment of Russian fuel imports as the reason for rising gas prices in Europe. The bank warned that the cessation of Russian LNG supplies in January 2027 and pipeline gas in the third quarter of 2027 will intensify competition for LNG and raise prices in Europe and Asia.

2 min read

Groceries in Europe: Switzerland is 89% more expensive than the EU average, Romania is the cheapest country in the union

According to Numbeo data for mid-2026, the grocery index in Europe ranges from 57.2 in Moldova to 189.2 in Switzerland, with the EU average set at 100. Euronews Business also calculated the cost of a basket of 18 items: €69.84 on average across the EU. Experts explain the price spread by energy, fuel and labor costs, noting that low prices do not mean greater affordability. According to Numbeo data for mid-2026, the grocery index in Europe ranges from 57.2 in Moldova to 189.2 in Switzerland, with the EU average set at 100. Euronews Business also calculated the cost of a basket of 18 items: the EU average is €69.84. Experts attribute the price spread to energy, fuel and labour costs, noting that low prices do not mean greater affordability.

5 min read

FAS: 125 agreements to restrain fuel prices signed in 44 regions

Head of the Federal Antimonopoly Service Maxim Shaskolsky said that regional authorities and independent gas stations have signed 125 agreements in 44 constituent entities of the Russian Federation to restrain fuel prices. According to him, the mechanism is already producing results. The agency has also conducted administrative work on the fuel market — media reports on the number of cases and warnings differ.

2 min read

FAO: Global food prices hit highest level since November 2022, rise may continue until 2027

According to Reuters, citing FAO chief economist Máximo Torero, the global food system is under simultaneous pressure from several factors: attacks on grain infrastructure in the Black Sea, instability in the Red Sea, rising fuel prices, and disruptions to fertilizer exports through the Strait of Hormuz. The FAO food price index in September stood at 136 points — the highest since November 2022. Low- and middle-income countries are suffering the most.

2 min read

Uzbekistan's Competition Committee examines taxi aggregator price hikes amid Yandex Go outages

The antitrust regulator has begun examining the pricing practices of taxi aggregators after, against the backdrop of Yandex Go technical outages, competitors' ride prices rose several times over during peak hours. The Committee recommended revising price-setting algorithms, fixing payout failures to drivers, and unblocking drivers who were blocked without justification. If violations are found, an inspection is promised.

3 min read