The growth of milk prices has slowed down in Russia
"For the first time since July 2018, the annual growth of prices for milk and many types of dairy products has slowed down, which indicates the exhaustion of the transfer of producers' costs to the price", the report said.
At the same time, the annual growth of prices for cheese and butter continued to accelerate, noted in the Central Bank.
On July 1 this year in Russia it became obligatory to issue electronic veterinary certificates for cheese, butter and condensed milk, on November 1 - for drinking milk, fermented dairy products and ice cream. In this regard, in May, the Association of retailers warned that the inclusion of finished dairy products into the system of electronic veterinary certification "Mercury" may lead to an increase in unplanned costs of all market participants.
In addition, on July 15, an experiment on labeling of dairy products began in Russia. In October, the Deputy Head of the Rosselkhoznadzor Nikolay Vlasov said that in case of introduction of mandatory labeling may increase prices for dairy products.
In September, Minister of agriculture Dmitry Patrushev during a meeting with Russian President Vladimir Putin said that in 2019 there were no sharp fluctuations in milk prices. According to him, the system of electronic veterinary certification "Mercury" also allows regulating the price of milk.
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