The agriculture and food: does import substitution take place?
Journal: RePEc: Research Papers in Economics
Year: 2015

The situation in the agriculture and with food supplies can be characterized by a number of trends: • there is high food inflation in Russia for the fourth time in the past ten years; its level does not exceed so far the indices of 2007, 2008 and 2010; • reduction of households’ real income resulted in a decrease in demand on food; stable trend of reduction of retail trade physical volumes is observed; • the agriculture has reacted to changes in the market situation: output volumes of both expor