Zero inflation in Russia remains for the second week in a row

Published 2020년 7월 30일

Tridge summary

Consumer prices in Russia remained unchanged from 21 to 27 July, with an inflation rate of 0.4% since the start of July and 3% year-to-date, according to Rosstat. While the cost of pork, sunflower oil, sour cream, and other food items increased, prices for millet, chicken meat, and buckwheat decreased. Fruit and vegetable prices also fell, led by tomatoes. Prices for some non-food essentials and fuel also rose, with minor adjustments in the costs for services and utilities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Consumer prices in Russia for the period from 21 to 27 July on average did not change, as well as a week earlier. This is reported by the Federal State Statistics Service (Rosstat). Inflation for the period from the beginning of July, according to the department, remained at the level of 0.4%, since the beginning of this year - 3%. Over the past week, among food products, the most noticeable rise in prices for granulated sugar - by 0.1%, pork - by 0.9%, sunflower oil, sour cream, wheat flour, cookies and salt - by 0.3%, canned meat, margarine, rennet cheeses, wheat flour bread, pasta and black tea - by 0.2%. At the same time, millet fell in price by 0.4%, chicken meat and buckwheat - by 0.2%. The price of fruit and vegetable products decreased by an average of 1.1%, including tomatoes became cheaper by 5.4%, potatoes - by 4.4%, onions - by 3.2%, cucumbers - by 2.5%. white cabbage - by 1.2%. At the same time, prices for carrots increased by 1.9%, apples - by 0.7%. An increase in ...
Source: Kvedomosti

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