Russians Go Local on Cheese and Pork After Import Ban: ChartBy
Russians are consuming imported food at nearly historical lows after the country banned certain imports in retaliation to Western sanctions, according to rating company ACRA. Imports now account for 22 percent of food sales in value terms, down from 34 percent in the beginning of 2014, ACRA said in a report. The ban benefited local agriculture -- its share in total economic output jumped to 4.4 percent, the highest since 2003.
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