In conditions of falling ruble the prices for butter continue strengthening on domestic market.
51 per cent of Russians have cut their food spending. This data has been provided by the survey performed by the Public Opinion Fund.
Devaluation of Russian ruble very painfully affects Belarusians. It did not turn out to overcome it by switching from RUB to USD in trade.
Russian dairy market entered this year with many problems: high rate of inflation, ruble devaluation, growth of credit rates, etc. Now the situation is aggravated, and forecasts for the current year force operators to lay essential risks in production and processing.
Russian economic problems affect Belarus, therefore this year will also be heavy for it. Devaluation of Russian ruble influences Belarusian currency which is dependent on exchange rate in neighbor country.
Russian business got real shock in the second half of December. There was very sharp collapse of the RUB on “black Monday and Tuesday” (December, 15 – 16).