Russia on verge of significant price increase for cosmetics

Published: 6-Oct-2014

Prices for cosmetics in Russia may increase significantly this year, due to devaluation of the ruble and general economic instability.

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Prices for cosmetics in Russia may increase significantly this year, due to devaluation of the ruble and general economic instability caused by recent sanctions on the country, according to forecasts by the majority of Russian analysts of the country’s beauty and cosmetics market.

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