Inflation in Russia accelerated due to rising utility tariffs

In annual terms, inflation as of July 2 was about 2.0% (in 2017 – 2.4%), at the same time last year, the l & # 39; weekly inflation was 0.4%.

During the accounting week did not change the prices of automotive gasoline and diesel fuel, and food prices varied in different directions. Thus, the price of chicken increased by 1.7%, millet (0.8%), pork (19459005), flour (19459006) and margarine (0.2% to 0.3%), but the eggs decreased by 0%. , 7%, pasteurized milk – 0.2%

The seasonal decline in fruit and vegetable prices continued (average of 1.3%). Tomatoes became cheaper by 9.2%, white cabbage by 8.9%, cucumbers by 8.3%, but carrots grew by 4.8%, potatoes, onions and apples from 0.6% to 1.6%

According to a new forecast from the Ministry of Economic Development, inflation expectations due to increases in VAT will already increase this year and the population will start to consume durable goods for future use. Due to this inflation will increase from 2.3% per year to 3.1% by the end of 2018 . and by the end of 2019 it will exceed the 4% target of the ABC and reach 4.3%. In 2020, price growth will slow to 3.8 percent, then return to 4 percent, the ministry said.