Russia: Ruble depreciation did not cause the bread prices increase — the Ministry of Agriculture
Grain prices increase on the Russian market and Ruble depreciation did not impact the bread prices for customers, according the monitoring of market situation, of the Ministry of Agriculture of Russia.
It is stated since the beggining of the year the temps of the customer prices increase have been lower compared to the last year ones and totaled for the 1st and 2nd grade wheat flower bread 0.7% (2013: +3.7%), and for the rye and mixed rye-wheat bread - 0.9% (2013: +3.8%).
The Ministry declared, as of March 11, 2014 the priсe for the 1st and 2nd grade wheat flower bread totaled 35.9 RUB/kg (+0.1% per week), and for the rye and mixed rye-wheat bread - 34.55 RUB/kg.
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