Russia has sharply increased the producer price of gasoline

producer Prices of gasoline in Russia on average rebounded in June 2020 27.5% in comparison with the previous month, when they increased by 11.9%, follows from data of the Federal service of state statistics.

However, yoy producer prices of gasoline rose in the reporting period slightly by 4.1%.

For the first half of this year, gasoline from manufacturers in the whole country rose by 18.5% (to December 2019).

At the same time, Rosstat says that the increase in fuel prices recorded in almost all regions of Russia engaged in the production of gasoline from 4.1% in the Sakhalin region to 41.5% in the Ryazan region.

the Department also notes that consumer prices on gasoline in Russia on average increased in June by 0.8% from the previous month and in annual terms — by 1.5%. From the beginning, the gasoline retail price increased by 1% (to December 2019).

As pointed out by Rosstat, in June, the increase in petrol prices of 0.8% was observed in 40 subjects of the Russian Federation. Most notably, he rose in the city of Sevastopol and the Republic of Tuva 4.7% and 4.6%, respectively.

In Moscow and St. Petersburg retail gasoline prices rose last month by 0.5% and 0.6% respectively.

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