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Date: 3 months ago   Category: Finances

In Russia products rise in price. In leaders — millet and cabbage


The prices of them since the beginning of year grew almost by one and a half times. Besides, on a quarter carrots, rose in price for 16% — sugar, reported in Rosstat of the Photo: Alexander of Ryumin/TASS Rosstat published data according to which since the beginning of year almost all products rose in price. In leaders there were a millet and cabbage, the prices by which since the beginning of year grew almost by one and a half times. On a quarter carrots, rose in price for 16% — sugar, and only potatoes, frozen fish and flour fell in price a little. As for leaders, the cost of these products many times exceeds inflation. For example, growth of the price of millet was ahead of her by 15 times. What it is connected with? The CEO of the information and analytical agency Infoline Ivan Fedyakov explains: Ivan Fedyakov the CEO of the information and analytical agency Infoline "Concerning increase in prices for millet or in general on raw materials: here, certainly, the international environment affects the market. We see rather quite good dynamics of increase in prices for millet in the world, successfully our exporters use it now. The prices in the market grow, they partly grow after dynamics of prices of oil. And now those stocks which were not realized by producers of raw materials and that new crop which is reaped in 2018 are implemented for export at rather high prices. And it concerns the prices in dollars, and taking into account some ruble depreciation which happened since the beginning of this year, the ruble prices become even more attractive. Deliveries to domestic market become less expedient, less effective from the economic point of view, and some local deficiency is created that leads, respectively, to increase in prices". One more goods which rose in price for the population are a gasoline. According to Rosstat, fuel price since the beginning of year grew by 9%, and gasoline cost in itself dispersed inflation. But the main factor — depreciation of national currency, the analyst of the Opening Broker company Timur Nigmatullin says: Timur Nigmatullin is an analyst of the Opening Broker company "In particular, eggs, as far as I know, strongly depend on dynamics of rate of national currency because it is easy to export them. Something similar usually occurs also in the market of sugar. Sugar is exchange goods. Respectively, it is quoted in dollars. If the ruble weakened, then sugar, respectively, also rises in price. Besides exchange rate, the balance of supply and demand also influences. Not all goods are exported therefore cost of production, a competitive situation in the market and so on influences. In general it is visible that food prices after they reached a minimum when in the market deflation in an industrial segment was actually observed, gradually grow. I think that a part — from effect of ruble depreciation, and a part is an effect of such recurrence. After delay of increase in prices there is a wave of small acceleration". Meanwhile the Ministry of Economics raised the forecast for inflation for the I quarter of the next year. The ministry gave number in 5,5%. Considered earlier that inflation in this period will not exceed 4,5-5%. To add BFM.ru to your istochn

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