Prices for butter are increased in Russia
In conditions of falling ruble the prices for butter continue strengthening on domestic market.
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Half of Russians have cut their food spending
51 per cent of Russians have cut their food spending. This data has been provided by the survey performed by the Public Opinion Fund.
Belarusians back for Ruble export indicatives after Dollar sale’s fail
Devaluation of Russian ruble very painfully affects Belarusians. It did not turn out to overcome it by switching from RUB to USD in trade.
Prices for dairy products grew by 16.9% in 2014 in comparison with 2013 in Russia
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
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.
Collapse of Ruble ex-rate changes trend of Dairy market in Russia
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).