Russian Retail Trade Enterprise Association expresses that, the food network retail price has risen by 20-25%, and the price may rise 15% at early 2015.

The price rise will be involved with the imported product and the product made in Russia. The domestic product of Russia accounts for a considerable proportion in the food, which will inevitably affect the final import price, because the determination of import price will also consider the Russian market pricing policy.

It shall be pointed out that the forecast of the Retail Trade Enterprise Association is based on the first six months’ current exchange rate. If rouble becomes more sluggish, the forecast may also change.