Page 19 - RusRPTNov19
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Other neutral countries have also seen gains including: Argentina (6%), Switzerland (4%), Uruguay (3%) and Chile (3%) benefited from the EU food import ban.
Product
consumer losses RUB bn
manufacturers losses RUB bn
importer losses RUB bn
Beef
4.8
2.2
2.6
Bird
–15.9
-16
–0.1
Pork
–51.1
–52.3
–0.5
Meat products
64
61.5
0.1
Fish
128.6
167.9
–46.9
Milk
62.3
54.5
2
Oil
60.1
35.8
11,2
Cheese
71.8
43.1
17.3
Cheese products
33,2
25.9
3.2
Dairy products
41.3
36.3
0.5
Condensed milk
19,4
11.5
5.3
The apples
23.5
6.5
14.7
Oranges
3.4
0
3.3
Grape
8.1
2.2
5.5
Tomatoes
–7.8
–5.6
–2.4
Total
523.7
451.2
65.4
Source: RANEPA, CEFIR
2.11 Putin’s national projects to add nothing to growth
Putin’s $400Bln National Projects Will Barely Boost Russian Economy, Study Finds
Russia’s mammoth infrastructure spending spree over the next few years will do little to boost the slow pace of growth in the Russian economy, economists have warned.
A new study from consultants at Oxford Economics has found that the country’s $400 billion six-year National Projects program will result in an increase in annual GDP growth of just 0.1 to 0.2 percentage points.
19 RUSSIA Country Report November 2019 www.intellinews.o