Agricultural Sector During the Pandemic

Сельское хозяйство в период пандемии

Ternovskiy Denis and Natalia Shagaida
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Ternovskiy Denis: The Russian Presidential Academy of National Economy and Public Administration
Authors registered in the RePEc Author Service: Denis Ternovsky

Russian Economic Development, 2021, issue 1, 24-28

Abstract: The agricultural sector saw sustainable production amid the pandemic, growth of 1.8% over ten months. The agricultural sector’s exports are surpassing the 2019 volumes and as early as December exceeded the 2020 FP Target Indicator “Exports of the Agricultural Sector’s Products” amid stagnating imports. The depreciation of the national currency and appreciation of prices on international markets incited motivation for exporting products, which in its turn led to a rise in domestic prices. With households’ incomes falling, the government had to develop new instruments to regulate food prices.

Keywords: agricultural sector; AIC; food products; food prices; food prices regulation; pandemic (search for similar items in EconPapers)
Date: 2021
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