The Central Bank explained the growth of prices for products

Comments for "Dynamics of consumer prices", Bank of Russia notes that the cost of food has occurred from-for reductions of stocks of fruits and vegetables
19 May 2017

According to the explanatory notes of the Central Bank, "there was the expected slight increase in food inflation associated with the exhaustion of the accumulated stocks of fruits and vegetables". This was accompanied by the acceleration of the monthly growth of consumer prices. However, according to the Bank of Russia, the level of increase does not preclude the achievement of the inflation target of 4%.

General inflation is not expected, despite some improvement in the annual pace of price growth
for food in the coming months.


Translated by service "Yandex.Translation"
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