Inflation in Russia accelerated to 0.84 percent in January

Inflation in Russia accelerated to 0.84 percent in January

© Igor Samokhvalov/PG

In January, inflation in Russia accelerated to 0.84 percent from 0.78 percent in December 2022, according to the Rosstat website on Friday.

As Parlamentskaya Gazeta wrote, Central Bank Chairman Elvira Nabiullina said that inflation in January may be the highest since April 2022, but at the same time, its growth rate remains moderate.

It is noted that at the same time, in annual terms, price growth in January slowed down to 11.77 percent in January against 11.94 percent a month earlier. “In January 2023, compared to December 2022, the consumer price index was 100.84% ​​(in January 2022 – 100.99%),” the publication says.

According to published data, food inflation, including alcohol, amounted to 1.32 percent for the month. Prices for non-food products increased by 0.21 percent, the cost of services – by 1.01 percent. At the same time, the largest increase in prices occurred in the category of fruit and vegetable products: prices for cucumbers soared by 34.3 percent, for onions – by 25.7 percent, and for tomatoes – by 22.3 percent.

It is reported that these statistics do not take into account data for the Donetsk and Lugansk People’s Republics, as well as Zaporozhye and Kherson regions.

Earlier, Yaroslav Nilov, Chairman of the State Duma Committee on Labor, Social Policy and Veterans Affairs, was outraged by the rise in prices for cucumbers, salt, sugar and buckwheat. In this regard, he sent a corresponding deputy’s request to the Federal Antimonopoly Service and the Ministry of Agriculture.

Read also:

• Senator Zlenko named the possible reasons for the rise in prices for cucumbers • Onions have risen in price by almost 8% in a week


Be the first to read breaking news on Today’s latest news, and live news updates, read the most reliable English news website