Official says meat prices in Russia unlikely to soar in 2019 - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Official says meat prices in Russia unlikely to soar in 2019

MOSCOW, Jan 11 (PRIME) -- RussiaТs retail meat prices will be stable in 2019, head of the executive board of the Russian National Meat Association Sergei Yushin told PRIME on Friday.

УI think that the consumer will see stable and calm meat price dynamics in 2019,Ф Yushin said.

He also said that average pork prices on the wholesale market are likely to fall due to rising production and stable imports, which means that retail prices will most probably not grow. Poultry prices will be affected by pork prices with broiler meat getting cheaper.

The Federal State Statistics Service said on Thursday that food prices increased 4.7% in 2018, including a 28.3% sugar price jump, a 25.9% for eggs, and a 9.7% increase for meat and poultry. Prices for food excluding spirits increased by 5.1%, while prices for alcohol went up 1.3%.


11.01.2019 19:23
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 71.6377 -0.5914 20 jun
USD 63.9794 -0.3558 20 jun
Stock Market Indices
1D 1W 1M 1Y
rtsi 1361.14 +0.14 18:50 19 jun
micex 2759.12 -0.09 18:50 19 jun
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 232.46 +0.14 18:49 19 jun
lkoh 5245.00 +0.29 18:49 19 jun
rosn 409.25 -0.60 18:47 19 jun
sber 240.40 -0.58 18:49 19 jun
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 71.9100 -0.1800 14:59 19 jun
USDTD 64.0275 -0.1200 17:44 19 jun