Russia's weekly inflation hits 0.06%
The Russian Federal State Statistics Service reported on Wednesday that consumer prices in the Russian Federation rose by 0.06% from September 15 to 21, following increases of 0.02% from September 8 to 14 and 0.05% from September 1 to 7.
Consensus
- Inflation in Russia for the week of 15–21September was 0.06%
- Annual inflation in Russia slowed to 6.22% (Ministry of Economic Development) and 6.26% (Rosstat)
- Prices for fruits and vegetables decreased by 1.6% on average
- Prices for potatoes decreased by 3.4%
- Prices for cabbage decreased by 3.3%
- Prices for carrots decreased by 3.0%
- Prices for apples decreased by 2.6%
- Prices for onions decreased by 2.4%
- Prices for eggs increased by 2.4%
- Prices for pork and chicken meat increased by 0.5%
- Prices for sunflower oil and cottage cheese increased by 0.4%
- Prices for butter and cooked sausage increased by 0.3%
Points of divergence
- The Ministry of Economic Development reported annual inflation at 6.22% as of 21 September — kommersant
- Rosstat's weekly calculation method showed annual inflation at 6.26% as of 21 September — interfax
- The Bank of Russia maintained its key rate at 14% and paused its monetary easing cycle — interfax
- The Bank of Russia cited rising pro-inflation risks and maintained a neutral stance — interfax
- Prices for trips to the Black Sea coast decreased by 2.3%, while trips to Southeast Asia increased by 8.2% — interfax
- Bananas increased in price by 0.5% and tomatoes by 1.9% during the week — vesti
- Baby food products increased in price by 1% and 0.8% respectively — vedomosti
- Smartphones increased in price by 0.7% — interfax
- Electric vacuum cleaners and televisions did not change in price — vedomosti
- New domestic and foreign cars did not change in price — interfax
- Gasoline increased by 0.05% and diesel decreased by 0.66% for the week — kommersant
- Gasoline increased by 0.05%, diesel decreased by 0.66% — interfax
Coverage (6 sources)
- Annual inflation in Russia slowed to 6.22% — Коммерсантъ
- Rosstat recorded inflation acceleration to 0.06% for the week — Вести
- Inflation in Russia accelerated to 0.06% for the week — Ведомости
- Inflation in the Russian Federation from September 15 to 21 amounted to 0.06%, annual rate slowed to 6.26% — Интерфакс
- Inflation expectations of Russians in September rose to 14.2% — Ведомости
- Inflation expectations of the Russian population in September rose to 14.2% — Интерфакс