Russia: The decline in egg prices in April slowed to 1%

Published 2024년 5월 17일

Tridge summary

Consumer prices for eggs in Russia fell by 1% in April compared to March, and by 5.6% since the start of the year, according to Rosstat. Chicken meat prices also decreased by 0.3% in April and by 4.1% since the beginning of the year. The government has implemented measures to stabilize these prices, including cancelling the import duty on eggs and setting a quota for duty-free poultry meat import for 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Moscow. May 17. INTERFAX.RU - Consumer prices for eggs in April decreased by 1% compared to March, chicken meat became cheaper by 0.3%, Rosstat reported. The rate of decline in egg prices slowed: in March they amounted to 2.3%. The decline in chicken prices accelerated: in March prices fell by 0.2%. According to Rosstat, since the beginning of the year, prices for eggs have decreased by 5.6%, for chicken - by 4.1%. In annual terms, eggs in April were almost 1.5 times more expensive, chicken meat - by 26.4%. As reported, due to the high rise in prices for these products last year, the government took a number of measures to stabilize the situation. Thus, for the first half of this year, the duty on the import of eggs was canceled, which will allow the import of up to 1.2 billion eggs. In particular, Türkiye and Azerbaijan are actively involved in supplies, and Belarus is also increasing exports. According to Rosselkhoznadzor, by May 13, these three countries had imported 333.3 ...
Source: Interfax

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