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Russians switch to cheaper food as incomes shrink

26 May 2016

• 26 May 09:30

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A new report by government analysts studies the impact of Russia’s embargo on Western food imports and decreasing incomes, and shows the changes in consumer spending patterns. The fruit and vegetable market has suffered small losses due to the growth of nonindustrial backyard production. Source: Valeriy Melnikov/RIA Novosti The sharp decline in the incomes of Russians, coupled with the introduction of the embargo on Western food imports in 2014, has led to a decline in the quality of consumption: Russian citizens are being forced to switch to cheaper products and spend more on food, experts from the government's analytical center have concluded. At. Read more...