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вторник, 8 апреля 2014 г.

Invincible and uncontrolled inflation on the march

 Statistics: Annual inflation in April reached 6.9% Inflation in Russia amounted to 1% in March from 0.7 % in February and 0.6 % in January , according to Rosstat . The main reason for the significant increase in prices in March was the rise in the cost of fruit and vegetables and dairy products, and sugar.
Overall inflation in the I quarter was 2.3% versus 1.9 % in I quarter of 2013 the annual inflation accelerated in March to 6.9 % from 6.2 % in February and 6.1% in January.
Food in March rose by an average of 1.8 % (March 2013 - 0.4% ) , including food products without fruit and vegetables - by 1.3 % (0.5 %). Non-food prices rose in March by 0.7 % (March 2013 - 0.4% ) . Services in March rose by 0.5 % (March 2013 - 0.2% ) . 

 The cost of the minimum food per month increased in March by 2.7% to a record in February and 7.7 % in the year up to 3080 rubles.
Government's forecast for inflation in 2014 is 4.5-5.5 % target set CB - 5 % Source : vestifinance.ru
 

 
Actual Archive
18.02.2010 - Invincible and uncontrollable inflationInflation in Russia since the beginning of the year exceeded two percentPrices in Russia since the beginning of the year increased by 2.1 percent . This is stated in the official press release of Rosstat.According to Rosstat , a week from 9 to 15 February 2010, inflation in the country was 0.2 per cent , and since the beginning of this month - 0.4 percent. A year earlier, in general, in February prices rose 1.7 percent.In the second decade of February 2010 in Russia grew stronger all vegetables - by 1.3 percent . Buckwheat, cheese, dairy products rose in price by 1,1-2,6 percent. Pork , pasta , chicken and wheat flour , by contrast, fell by 0.1-0.3 percent.According to government forecasts , inflation in Russia in 2010 will be 6.5-7.5 percent. In 2009, the rise in prices in the country was 8.8 percent, significantly decreased in comparison with 2008 (13.3 per cent ) . The reason was the crisis seriously reduce demand for many commodities .February 16 , Prime Minister Vladimir Putin has promised that in the next few years, Russia will be able to enter the European inflation figures - 3-5 percent. In 2009, in the EU , prices rose by an average of 1.4 percent.
 
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When you read the statements of members of the Government and Ministry of Finance officials on combating inflation, can not escape the feeling of running in place. They are all fighting , doing " incredible " effort , and inflation all upsets and overturns their forecasts.
Judge for yourself .
In early 2006, we read in the newspaper "Vedomosti":
"The government can not keep inflation within the planned range . During the first half of February , prices rose by 0 , 8 % , and by the end of the month , inflation could reach 1 , 2%, economists predict . According ambitious forecast of Economic Development, the rise in prices in 2006 should not be over 7 5-8 %. But the January statistics put this task into question ... In the first two weeks of February, inflation stood at 0 , 8 % , said yesterday Deputy Prime Minister Alexander Zhukov . In February last year, prices rose by 1, 2 %.According to the published data of Economic Development, in February inflation may reach 1.3-1.5 % , and by the end of the first two months of the year - is 3.9%. It seems that 9 per cent annual growth plank prices established in the budget as much as we can be overcome much earlier period.
Seeing that the situation goes out of control, Finance Minister Alexei Kudrin has accused the government of carrying out a weak financial policy. In response, Prime Minister Mikhail Fradkov accuses the Minister of Finance in the global savings glut of money that " desperately needed in the energy sector ." " And there is no smell inflation ," - said the head of government .
" When the government approves the budget for the current year (2006) we were promised to keep a tight rein on inflation . And not let go for 8, 5 % for all of 2006 . Moreover, puffing out his cheeks , officials said that they are quite capable 2008 to drive it into the framework of 3 - 4%. Alas, it took only two months , and stubborn inflation wiped nose our financial authorities : defeated half of their annual plan "- writes the correspondent of the newspaper " Komsomolskaya Pravda " Valery Bhutan.
It took a half years , and we once again hear the government struggles with inflation, which also successfully overcomes these hapless wrestlers.Inflation, which so vain , "fights" the Finance Ministry is not reduced. Second consecutive month, prices are rising faster than in 2006, the Finance Ministry and members of the government hastily looking for excuses higher prices and the depreciation of the ruble , not wanting to look in the mirror .Ministry of Finance believes that the summer will help rectify the situation deflation, which depends on the harvest .

"The Central Bank could not tear inflation on oil prices ," writes "Gazeta" .
" ... Responsible for the project of monetary policy yesterday had the first deputy chairman of the Central Bank Alexei Ulyukayev . To soften hawkish deputies first thing he told me how hard it is to work to the Central Bank ." Central Bank forecasts inflation of 5.2 % , and up to year - at around 8 %. Deputy Chairman of the Central Bank takes credit for the influx failed to sterilize.One of the reasons for its rapid growth , according to the Central Bank deputy chairman Alexei Ulyukayev - a record inflow of capital. Money supply for the year , including in April , rose by 57.3 %. For such money growth May inflation figures are quite low , says Oksana Osipova of the Center for Development , much more influenced by inflation in May rise in prices for fruit and vegetables - 7.8% ( 2.6 % last year ) . "Nobody thought it would be such a drastic leap " - the economist said the bank "Trust" Yevgeny Nadorshin . Non-food goods and services became more expensive in May moderate , but rising prices for construction materials : cement - by 5.4% , on a brick - by 4.6%. Officials still expect that inflation in 2007 will keep within 8 % (in 2006 it was 9%). Ministry of Finance believes that the summer will help rectify the situation deflation .
"Kommersant "
"The pace of price growth accelerated " ( Alexey Shapovalov ) : " The government hopes that they will stop deflation . Yesterday, Rosstat reported on the acceleration of inflation in May 2007 , when the average price growth rate increased by 0.02 % against 0.015% in May 2006 . Central Bank predicts convergence of price growth from last year . Minister of Finance Alexei Kudrin still hopes that inflationary government plan in 2007 will be executed if his expectations are met in the autumn of deflation . "
Our officials are constantly explaining the causes of inflation and rising prices , and if it does not rise in oil prices , the inflow of capital , unless the inflow of capital, the growth of wages , etc. , etc.But who seek to achieve the desired result , he is looking for ways and who only means one finds an explanation.
And the acute power crisis , the more evident discrepancy between reality and reflection of this reality in the media. This discrepancy has become so obvious that even loyal to the government newspaper "Izvestia" spoke about this and published an article by Anna Kaledins " Food prices are rising faster than inflation ."
When announce the official inflation data , it is nothing but bewilderment they did not cause . - Outraged Kaledina - All we go shopping and see how prices are rising . Wallet emptied all swiftly , and the " paper " inflation each year falls . Very revealing in this sense has become the past week. We were informed that in June , prices rose by 1%. For summer rate is high, but not fatal . But at the same time the cost of the minimum set of products for June increased by 4.8% since the beginning of the year - by 13.1% . That explanation our bewilderment . "
"For example, in June the cost of the minimum food basket grew by almost 5 times more than inflation . Just to keep from starving Russians in June had to spend on food at least 1666.3 rubles (in Moscow - 2020.3 rubles) . "
Indignant falsity of official statistics , and telling readers how to find it difficult to live , even though they know so much about this , Kaledina told that " index " Big Mac " the dollar should cost 15 rubles."So what? Should and should not . Here it would be worth Kaledins and try to understand the cause of this phenomenon. Who is interested in such a discrepancy value of the ruble , and who spins inflation , giving false figures ? But she chose to act in the spirit of his newspaper - what I see , I sing , afraid to call a spade a spade .So what, then indignant , since truth and remains in tuna ? And just because silent about it , it is no longer tolerable.
From 1 to 22 October , inflation in Russia amounted to 1.3 %, from the beginning of the year prices rose by 8.9% , now their growth for the year may exceed 10% , according to Deputy Prime Minister Alexei Kudrin .To fight inflation, Kudrin recalled , used export and import duties . By region , a wave of price fixing ; major retail chains and manufacturers of frozen prices on six key items until 31 January . FAS filed in 17 regions of 40 cases . Measures have helped , says Kudrin : the second half of October rise in food prices slowed by half.But core inflation continues to accelerate . In September, she was a record 1.6% in October, according to Kudrin estimated to grow by 1.5-2% .

 
Gazette
Fought ... fought ... fought , not forgetting to properly receive a salary and all other benefits , but nothing has changed . But they do not lose hope and will continue to fight adtsat years ... until blown merited retirement and their grandchildren will tell their " selfless " struggle.

   
-------------------------------------------------------------------------------------------------------Rosstat : Inflation in Russia in February was 0.7 % , since the beginning of 2014. - 1,3 %Quote.rbc.ru 04.03.2014 16:00 Inflation in Russia in February 2014. amounted to 0.7 % since the beginning of the year - 1.3% , according to Rosstat . In February 2013. consumer prices rose by 0.6 % , for two months last year - by 1.5%.
Prices of goods in February 2014. increased by 0.8 % and services - by 0.4%. Core consumer price index in February was 0.5%.
In annual terms, inflation in Russia in February was 6.2 %.
In February 2014. in 7 regions of the country , consumer prices for goods and services rose by an average of 1 % or more. At the same time in Moscow , consumer prices increased over the month by 0.7 % (YTD - 1.4% ) , in St. Petersburg - 0.8% (YTD - 1.9% ) .
Rosstat indicates that grew significantly in February , prices for most of the observed types of fruits and vegetables. Prices for white fresh cabbage increased by 17.4% , onion - by 16% , potatoes - by 12.0% , cucumbers , carrots and grapes - 6,5-7,8 %. At the same time, fresh tomatoes and oranges cheaper steel at 1.5 % and 1.1 % respectively.
The cost of the minimum food per month on average in Russia in late February 2014. amounted to 2,998.3 rubles. and compared with the previous month increased by 2.6% (YTD - 4.8% ) . The value set in Moscow in late February was 3542.8 rubles. and for the month increased by 2.7% (YTD - 4% ) , in St. Petersburg - 3394.3 rubles. and increased by 3% (from the beginning of the year - 5.9% ) .
Economic Development Ministry expects inflation in February will be about 0.5%. In January 2014. consumer prices rose by 0.6%.
According to the official forecast MED, inflation in 2014. is in the range of 4.5-5.5 %. According to Deputy Economic Development Minister Andrei Klepach consumer price inflation in 2014 . may reach 5.2-5.3 %.

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