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Foods have risen in Russia due to the weakening of the ruble.
Fall of the ruble against the dollar led to a rise in price of products in Russia. According to a specialized center accounting in the agricultural sector Agriculture, vegetables and meat rose to 25%.
Manufacturers of dairy products, alcohol, and clothing and footwear forecast appreciation of their products up to 10% until the end of March, the newspaper "Izvestia". Experts pointed out that it was in March, consumers consumer market will experience a direct impact on the national currency weakening his wallet.
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Weakening of the ruble will lead to higher food prices
Tatiana Firtash Views: 7340February 26, 2014 3:05
Due to the depreciation of the ruble against the dollar will a 25% rise in price of fresh meat and vegetables. Until the end of March about 10% price increase on clothes, shoes, alcohol and dairy products.
It is assumed that in March the Russian buyers to fully enjoy the fall of the ruble, making purchases, transfer Izvestia .
According to Dmitry Vostrikov, Director of Development Association of Manufacturers and suppliers of food products "Rusprodsoyuz", the first rise in the price of vegetables and fruits, as 70-80% of their volume in domestic stores are imported from abroad. Already in January 2014 there was a growth in prices for cabbage, tomatoes, potatoes, carrots and onions in 14%, 12%, 11%, 10% and 9% respectively.
Vostrikovs noted that faster growing wholesale prices, for example, a 22% increase in prices for the same tomatoes. Consequently, as soon as the Russians will see new tags.
The expert added that the amount of fluctuations of the ruble against the dollar increased in value imported beef and pork products are added to the cost of 25%, but it also affected the ban pork imports from Europe.
M. Mamikonyan, head meat Eurasian Economic Council, said the cost increase was caused by the rise in price of meat all that Russia buys abroad - feed, genetic material and equipment. He predicts the summer of rising costs for flour, eggs and poultry.
"In my opinion, at the end of February 2014 we really can face increased inflationary pressures. I recall that a year ago, in February 2013, the consumer price index rose by the same 0.6%, ie CB promised reduction of inflation g / g, at least, in February 2014, will be almost done. It is worth noting that inflationary pressures will at constant CB monetary policy that at a recent meeting left its key rate unchanged, "- says Timur Nigmatullin analyst Investkafe.
Foods have risen in Russia due to the weakening of the ruble.
Fall of the ruble against the dollar led to a rise in price of products in Russia. According to a specialized center accounting in the agricultural sector Agriculture, vegetables and meat rose to 25%.
Manufacturers of dairy products, alcohol, and clothing and footwear forecast appreciation of their products up to 10% until the end of March, the newspaper "Izvestia". Experts pointed out that it was in March, consumers consumer market will experience a direct impact on the national currency weakening his wallet.
-------------------------------------
machine translation
News
Weakening of the ruble will lead to higher food prices
Tatiana Firtash Views: 7340February 26, 2014 3:05
Due to the depreciation of the ruble against the dollar will a 25% rise in price of fresh meat and vegetables. Until the end of March about 10% price increase on clothes, shoes, alcohol and dairy products.
It is assumed that in March the Russian buyers to fully enjoy the fall of the ruble, making purchases, transfer Izvestia .
According to Dmitry Vostrikov, Director of Development Association of Manufacturers and suppliers of food products "Rusprodsoyuz", the first rise in the price of vegetables and fruits, as 70-80% of their volume in domestic stores are imported from abroad. Already in January 2014 there was a growth in prices for cabbage, tomatoes, potatoes, carrots and onions in 14%, 12%, 11%, 10% and 9% respectively.
Vostrikovs noted that faster growing wholesale prices, for example, a 22% increase in prices for the same tomatoes. Consequently, as soon as the Russians will see new tags.
The expert added that the amount of fluctuations of the ruble against the dollar increased in value imported beef and pork products are added to the cost of 25%, but it also affected the ban pork imports from Europe.
M. Mamikonyan, head meat Eurasian Economic Council, said the cost increase was caused by the rise in price of meat all that Russia buys abroad - feed, genetic material and equipment. He predicts the summer of rising costs for flour, eggs and poultry.
"In my opinion, at the end of February 2014 we really can face increased inflationary pressures. I recall that a year ago, in February 2013, the consumer price index rose by the same 0.6%, ie CB promised reduction of inflation g / g, at least, in February 2014, will be almost done. It is worth noting that inflationary pressures will at constant CB monetary policy that at a recent meeting left its key rate unchanged, "- says Timur Nigmatullin analyst Investkafe.