The official added that even though the country initiated restrictions on food products first against countries of the EU, the US, Australia, Norway, Canada and most recently were the restrictive measures against Turkish imports, it is unlikely that they will be able to bring about negative changes that would significantly decrease the variety of produce on store shelves.
Specifically, the restrictions on Turkish imports will not result in a deficit of produce, he said adding that the embargo against European products was a more challenging obstacle because of the deep trade relations that were disrupted.
Retailers are not reporting a shortage of citrus fruits, tomatoes, cucumbers nor grapes, Evtukhov said. He discussed that there is a prescribed window of opportunity to reorient supply networks with different countries and that expected price fluctuations will be limited to seasonal and traditional factors, in addition to changes in fresh produce suppliers.
“In addition, prices are quite sensitive to any fluctuations of the ruble, despite the fact that imports account for only a quarter of the retail market,” Evtukhov said.
Agency specialists are to continue to monitor retail prices on a weekly basis. They expect that price increases are to significantly increase for imported products.
FruitNews article (Russian): http://www.fruitnews.ru/home-page/fruits/45258-pravitelstvo-ne-ozhidaet-defitsita-prodovolstviya-v-period-novogodnikh-prazdnikov.html
Source: http://tass.ru/ekonomika/2546770, http://tass.ru/ekonomika/2548617