Consumer prices in Russia from 7 to 13 July 2020 rose by 0.1% after rising 0.3% a week earlier, and since the beginning of the year inflation reached 3%. Such data results the Federal service of state statistics.
In 2019, consumer prices rose in July by 0.2% and year — to-date at 2.7%.
According to Rosstat estimates, among food products during the reporting period, the highest growth carrots — 2.7%. In addition, significantly increased Apple prices by 2.4%, pork (except boneless meat) by 0.5%, meat chickens, canned meat for baby food, salt at 0.3%, eggs and wheat flour — on 0,2%.
the Office also notes that gasoline prices rose by 0.4%, diesel fuel — by 0.2%.
in addition, rates for certain types of utilities increased by 0.3-0.4%.
Specifies that the information is prepared on the basis of weekly registration of consumer prices for 100 types of essential goods and services to 282 cities of Russia.
we also Add that, according to Rosstat, in June consumer prices in Russia rose 0.2% the previous month, when they rose 0.3%. While yoy inflation in June accelerated to 3.2% from 3% in may.
Over the past year, consumer prices rose by 3% (December to December 2018). Thus, 3-percent inflation rate in 2019 was the second lowest value of this indicator for all history of modern Russia. The absolute minimum was recorded at the end of 2017 and 2.5% in 2018, prices increased by 4.3%.
the Ministry of economic development, according to the updated macroeconomic forecast expects annual inflation to end this year at 3.5%. For its part, the Bank of Russia assumes that inflation for the year will amount to 3.8-4.8% and will be close to 4% thereafter.
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