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the base year, calculate a Food Price Index for 1928 and 1940. Average weekly wages for the years covered in the table were 6
the base year, calculate a Food Price Index for 1928 and 1940. Average weekly wages for the years covered in the table were 6 rubles in 1913, 14 rubles in 1928 and 83 rubles in 1940. Using the Food Price Indexes you have just calculated, assess what happened to the real wages of Russian workers between 1913 and 1940. Food prices in Russia before and after the 1917 Revolution (in rubles per kilogram, except milk in liters and eggs in units) Foodstuffs consumed weekly Price Price Price in Moscow in 1926 Quantity 1913 1928 1940 Black Bread 2.46 kgs 0.07 0.08 0.85 Wheat flour Potatoes 0.79 kgs 0.12 0.22 2.90 3.04 kgs 0.05 0.09 1.20 Beef Mutton 0.92 kgs 0.46 0.87 12.00 0.17 kgs 0.34 0.79 14.00 Sugar Milk 0.45 kgs 0.34 0.62 3.80 1.24 ltrs 0.11 0.06 2.10 Butter 0.11 kgs 1.15 2.43 17.50 Eggs 1.60 eggs 0.13 0.20 0.85 Sunflower oil 0.12 kgs 0.15 0.53 15.65
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