Experts predict further increases in chicken and egg prices in Russia.

Experts predict further increases in chicken and egg prices in Russia.
Photo is illustrative in nature. From open sources.

Key factors driving price increases:

  • Increasing VAT from 20% to 22%

  • Increased feed costs due to crop failure in the regions

  • Rising prices for fuel and energy resources

  • Seasonal increase in the cost of keeping poultry in winter

Expert forecasts:
Financial analyst Tatyana Volkova expects chicken prices to rise 10-15% this fall compared to the beginning of the year. Vasily Manzhov, founder of M-Invest, notes that the traditional pre-New Year price increase may be more significant this year.

Ruta Abramova, Associate Professor at the Financial University, explains that keeping chickens during the cold season requires additional heating costs and special conditions, which also impacts production costs.

Despite the current growth, egg prices have fallen by 14.2% year-on-year and by 21.2% since the beginning of the year. Experts do not predict sharp price increases following the current market correction, barring an unexpected shortage of raw materials.

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