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MOSCOW. (RIA Novosti economic commentator...

the International Confederation of Consumer Societies (Russia) claims that poultry prices have started growing, as businesses often see the words "ban" and "shortage" as sufficient reasons to raise prices.

As soon as the ban on American chicken was made public, wholesale prices of U.S. poultry imports soared by 20% and of Russian chicken meat by 10%-12%. The growth is expected to reach the retail market in February or March.

Russia and the Untied States will most probably reach an agreement at their poultry meat talks, and there will be no shortage of poultry meat. But will this encourage suppliers to lower prices?

The opinions expressed in this article are the author"s and do not necessarily represent those of RIA Novosti.



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