Thursday, February 26, 2015

The inflation rate in Russia for the year exceeded 16% – Novaya Gazeta

The inflation rate in Russia for the year exceeded 16% – Novaya Gazeta

Inflation in Russia in annual terms, or in relation to the February 24, 2014, was 16.2%, Interfax reported.

Thus, inflation exceeded the Central Bank’s key interest rate by more than 1 percentage point.

According to Rosstat, relied upon by the agency last week (from 17 to 24 February), the inflation rate rose to 0.6%, and last week the price increase was 0.4%. The latter figure was the lowest since mid-December last year.

According to Rosstat, the prices of fruits and vegetables increased by 0.1%, and tomatoes and cucumbers fell by 6.1% and 0.4%. Approximately 2% increase in prices hectares tea and frozen fish.



 See also:

Experts Sberbank CIB informed of the decision of the Central Bank cut the key rate on the basis of incorrect data on inflation

February 9th chapter Central Bank Nabiullina said that the annual inflation rate may exceed 15%, and then it hits.

According to Rosstat, in January 2015, inflation in Russia peaked in 1999 in the month, prices increased by 3.9% . In February 1999, inflation for the month reached 4.1%. In relation to the January 2014 price increase was 15%.

At the end of January, the Ministry of Economic Development has updated forecast for 2015, in which the expected inflation rate increased to 12%.



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Central Bank lowered its key rate to 15 %

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