Date: 7 months ago   Category: Economy

The Ministry of Economic Development expects acceleration of inflation in November and December to 3,7–3,8% — Rambler News Service


At preservation of ruble exchange rate at the current level in the remained months of year inflation in the consumer market in monthly expression will remain approximately at the level of October – 0,4 – 0,5% month by a month, in annual terms growth rates of consumer prices in November and December will accelerate up to 3,7 – 3,8%, follows from prepared by Ministry of Economic Development "Economy picture" for October. "At preservation of ruble exchange rate at the current level in the remained months of year inflation in the consumer market in monthly expression will remain approximately at the level of October (0,4–0,5% month / by a month). In annual terms growth rates of consumer prices in November and December will accelerate up to 3,7–3,8% of yoy", - it is said in the document. The Ministry of Economic Development have emphasized that in October inflation has accelerated up to 3,5% year-on-year from 3,4% in annual terms in September. Growth rates of the prices of food products in October have decreased to 0,39% month by a month from 0,61% month by a month in September. According to him, the main contribution to delay was made by the continuing reduction in cost of fruit and vegetable products. "At the same time increase in prices for other food products in October has remained at the increased level (0,6% month by a month, as well as a month earlier)", - have added in department. According to the MEDT, in October the prices of meat products have continued to grow at high rates. "Besides, in the conditions of decrease in a harvest in the current year and growth of the world prices for separate food products rise in price of production made of phytogenesis raw materials (bread and bakery products, macaroni and krupyany products, sugar) continues", - have added to the MEDT.

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