The Russian economy has set a new record
The August statistics showed that consumer inflation fell to a value of 3.3%.
Earlier it was reported that п©я€п?пЄп©пЎп?п°пЁп°п?п?fz inflation for August will be higher. However, the final data proved that the results exceeded all expectations. The Ministry of economic development of Russia in the forecast for August given the range of variation of the inflation in August from 3.3 to 3.6 percent. Thus the real inflation on the consumer market was at the lower border of the forecast of the plug.
One of the main factors of the August record of deflatio -0,5% is a reduction in consumer cost of vegetables and fruits for the population. A significant decline in fruit and vegetable prices in August helped to offset a difficult situation with vegetables and fruits in late may in early summer due to bad weather. Although fruits and vegetables and make a decisive contribution to the reduction of the growth rate of prices in the summer, but other product groups also contributed.
It is worth noting one record which was recorded in August 2017. According to the Ministry of economic development among the regions where annual inflation is less than 4% rose to 73.
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