In the week between April 16 and April 22, consumer inflation in Russia slowed down to 0.08% from 0.12% in the previous week. The annual price increase rate was 7.82% compared to 7.83% in the previous week. This follows from the review of the Ministry of Economic Development of the Russian Federation “On the current price situation” received by the editors of socialbites.ca.
Inflation in the food products group was 0.13%. The decline in fruit and vegetable prices accelerated (-0.47%): the rate of decline in prices of cucumbers and tomatoes increased (-4.35% and -1% respectively, compared to -2.24% and -0.59% a week ago, one).
Egg and poultry prices fell by 0.14% and 0.07% respectively, while the increase in prices of fat and oil products also slowed down. Sugar and flour prices fell by 0.04% and 0.18% respectively. Prices of buckwheat, millet and noodles fell.
Lamb and beef prices increased by 2.17% and 0.28% respectively. Prices of bread (+0.41%), rice (+0.3%), butter (+0.6%) and salt (+0.3%) increased. There was also an increase in the prices of carrots, apples, cabbage, potatoes and canned products. Milk became more expensive by 0.22%, fish by 0.17% and tea by 0.08%.
Electrical and household appliance prices continued to fall (-0.12% per week). Gasoline and diesel prices increased by 0.09% and 0.07% respectively. Discounts on flight tickets for domestic flights have started again (-0.96%). Sanatorium services became more expensive by 0.11%. Observed home services prices increased by 0.34%.
In March 2024, consumer inflation slowed to 0.39% monthly; Annual price increase rates were 7.72%. The Central Bank confirmed its 2024 inflation forecast at 4-4.5% on March 22. According to the Ministry of Economic Development, inflation will be 4.5 percent in 2024.
Previously, inflation in Russia in April appreciated He uses marmalade.
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Source: Gazeta

Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.