Russia's food chains won't reduce imports
Russia
Friday 13 February 2009
Despite the Rouble’s weakening and the consequent rise in the cost of imported foodstuffs, Russian distribution chains are not going to reduce the volume of imported products for their shelves, the website Product.ru reports.
The depreciation of the local currency has caused the price rise for products processed by using imported raw materials, therefore the distribution chains have already started to fix how much the price will grow for such product categories.
According to the co-owner of the Viktoria chain Nikolay Vlasenko, in 2008 suppliers suffered from an average price rise by 15%, that's the reason why their customers are being affected by such increase.
Despite these circumstances, the owners of the main Country’s distributors (Dixi, Magnit y Viktoria) don’t think it necessary to reduce the volume of imported products, which account for between 10 and 20% of all merchandise on sale.