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суббота, 8 ноября 2014 г.

Rob and lie and lie to rob


The government suspected of understating the real growth of prices in Russia
News Newsland: The government suspected of understating the real price growth in RFGlava Ministry of Economic Development (MED) Alexei Ulyukayev said Tuesday that inflation in Russia in 2014 could exceed 8%. Thus already Rosstat determines the annual inflation rate of 8.3%, and prices only go up. The head of the Central Bank Nabiullina, despite this, persist in that price growth next year will start to fall, and in the medium term and does slow down to 4%. However, the reality with price tags in the Russian shops far from blissful forecasts authorities.


According to Rosstat, inflation on an annualized basis in mid-October was 8.3%. The official rate of inflation - about 0.2% per week. Already on this basis it can be assumed that the annual rate of inflation exceeds the symbolic mark of 10%. However, the economic authorities at all other calculations. According to MED, the rise in prices on the results of 2014 and even exceeds 8%, but about double the rate of inflation while nobody even wants to think not.

In the opinion of the Central Bank, inflation in 2014 will be at 8%, while they see the prerequisites for its decline in the coming years to 4%. "In our view, this level is adequate state of the Russian economy. Revision of the indexation of natural monopolies upward while giving low increase in the inflation rate, "- says the chairman of the Bank of Russia Elvira Elvira. And despite the fact that indexation of tariffs for freight and passenger transport Railways in 2015 will be 10%, the electricity tariffs for the population will be indexed in about the same range, and payments for utilities will grow on average by 8.7%.

And the head of the Central Bank is aware that for the majority of the Russian population, inflation is becoming more acute problem. "High inflation can eat and wages and pensions and savings," - says she. Apparently so, to somehow reassure citizens, official statistics "a little" romance.

Not to be unfounded, compare, price data for selected groups of food products Rosstat and the Institute of Agricultural Marketing, which tracks the sale prices of food producers. So, according to the Statistical Office, the milk for the year rose by 12%, together with the Institute figures show a rise in prices by 27%. Eggs, Rosstat claims, fell by 15%, the institute suggests price increases by 34%. Frozen fish added to the price at the institute reports, more than 25%, and the Federal State Statistics Service recorded only 11%. Butter is also increased in price by more than 25%, and official figures say 10%. A similar discrepancy of numbers takes place in many other positions.

The point here is probably not in someone's evil intentions, and the imperfection of methodology. As told "NO" Lecturer at the Institute of Economics of natural monopolies RANHiGS Vladislav Ginko, the official inflation rate, which declares the government in many countries, as a rule, does not suit large groups of the population. This is due to the fact that the official statistical agencies tracked prices do not take into account the highest and lowest levels, thereby cutting off the "random" factors of rising prices. "Prices should reflect the real state of affairs in a particular sector of the economy without the influence of price shocks", - he explained. The growth in food prices in a particular region of the country can not be considered in the general price index, since it is not specific for the economy as a whole. But the inhabitants of this region of clearly easier.

Recall that the consumer price index (CPI or inflation rate) is calculated from the survey of the Russian population. In a sample of Rosstat is about 50 thousand households, which provide information about their spending at intervals of one week. Over the year, they fill special profiles on the structure of their consumption. Households provide data on the basis of their consumption basket, which includes food, non-food products and services in roughly equal proportions. How Rosstat selects households across regions and social strata of the population and that it falls in the sample is known only to specialists departments.

However, the claim to determine the level of inflation are not unique to Russia. In the US and the EU in the calculation of inflation do not include changes in food prices. "In the US, a key inflation is 1.5%, this level without taking into account changes in prices of food and fuel. In the EU as a key inflation, in addition, shall not be included as real estate prices. The result is that the real price increase is always higher than the official statement, "- said Ginko.

"In Russia, there is a similar phenomenon -" the average temperature in the hospital ", proposed by Rosstat, does not reflect the situation occurring in the wallets of citizens" - the source said "NO".
El Grigorieva
Source: newizv.ru

Inflation in Russia in January-September exceeded 31 times in European
News Newsland: Inflation in Russia in January-September exceeded in 31 European razPotrebitelskie prices in Russia in September 2014 increased by 0.7% the previous month and by 6.3% since the beginning of this year.
EU countries on average completed in September with inflation at 0.3%. During the first 9 months of the year (to December 2013) the EU average, consumer prices rose by only 0.2%. Such data are today, the Federal State Statistics Service.
According to Rosstat, in September, considered among the greatest increase in foreign consumer prices compared with the previous month, it was noted in the Ukraine (2.9%), Italy (1.9%) and Greece (1.6%); since the beginning of the year - in the Ukraine (16.2%), Belarus (13.4%) and Turkey (6.5%).
In some countries there was a decline in consumer prices (by 0.1-1.0% compared with the previous month).
Among the EU member states the most significant increase in consumer food prices compared to August 2014 was observed in Bulgaria, Slovenia, Lithuania, Cyprus (by 0.8-1.1%).
However, in some countries, food prices declined. For example, in Sweden, Belgium, Ireland, Latvia, the Netherlands in September products fell by an average of 0.4-0.6% compared with the previous month.
In Russia in September, consumer food prices have increased compared to the previous month by 1.1% (the average in the EU - 0.1%); compared with December 2013 - 8.1% (EU average - down 1.2%).
Source: rosbalt.ru

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