Russian President Putin’s Live Interview: Addressing Inflation and Rising Egg Prices in Russia

by time news

2023-12-16 07:26:35
Russian President Putin Promises Action on Rising Egg and Chicken Prices

At the end of the year, Russian President Putin will participate in a series of live interviews with the media and the public and answer questions. During one of these interviews, an elderly man expressed his anguish to Putin about the skyrocketing price of eggs and chicken meat.

“I apologise, but this is a failure of the government’s work. I assure you that in the future this issue will be rectified and the situation will be better,” said the elderly Benson buyer.

The inflation in Russia has been very bad, rising to 8 percent this year. Egg prices have risen by about 40 percent since the beginning of Russia’s war on Ukraine.

The rise in prices can be attributed to various restrictions imposed by most countries, including the United States, making it impossible for egg producers to import poultry feed. This has led to a decrease in domestic production, along with an increase in import duty.

In response to the crisis, the Russian government announced that it will exempt import duty on 1.2 billion eggs in an effort to alleviate the rising prices and shortages in the market.

President Putin’s promise to rectify the situation and the government’s actions to address the issue will be closely watched by the public as they continue to grapple with the impact of rising food prices.
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