CRPT reported a decrease in prices for dairy products in Russia

Prices for dairy products in Russia in the third quarter of 2023 decreased to 1.5% compared to the second quarter, while its consumption increased. This follows from a joint review of CRPT (operator of the Honest Mark labeling system) and the National Scientific Center for Competence in the Field of Combating Illegal Trafficking in Industrial Products, which TASS reviewed. "Weighted average prices for all key products of the dairy industry were stable in the third quarter of 2023 compared to the previous quarter (small decrease in the range of 0.2-1.5%). Consumption of dairy products, in turn, increased by the second quarter of 2023 : at points of sale by 0.6%, and remote sales by 11%,” the review says. As for milk, in the third quarter there was a slight decrease in prices by 1.3-1.4% compared to the second quarter. The supply of such products in the third quarter decreased by 0.7% compared to the second quarter, while compared ...