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вторник, 26 августа 2014 г.

Experts wrong again in the projections - inflation won.


There is a will, there is always a reason to.
MAYOR raised its forecast for annual inflation in Russia

  Minekonomrazvitiya (MED) of the Russian Federation raised its forecast for inflation in Russia in 2014 to 7-7.5% of the target forecast of 6%. "Interfax" a source in the financial and economic bloc of the government.
This week, the Ministry of Economic sent to the government and relevant departments working version refined macroeconomic forecast, 2014-2017. The previous version of the forecast, 2014-2017 was approved by the government in mid-May.
In addition, the ministry has raised its inflation forecast for 2015 to 7.6% from 5%. Previous interval forecast of the Ministry of inflation for 2014 was equal to 5.5-6.5% and 4.5-5.5% in 2015.


Analysts expect an increase in the forecast, which is most likely due to the restrictions imposed on the import of agricultural products and foodstuffs to Russia.
Recall that last week the Ministry of Economic Development has adjusted its inflation forecast for August. Now it is expected to reach 0.1%. In the previous monitoring Ministry of implied inflation from 0 to 0.1%, and 2 weeks ago, even if we assume the possibility of deflation in August.
According to Rosstat, inflation in Russia for the period from 12 to 18 August 2014 was 0.1% (previously three consecutive weeks was recorded zero inflation) since the beginning of this month - 0.1% since the beginning of the year - 5.4%.
Source: rosbalt.ru

February 18, 2010 21:38

Inflation in Russia since the beginning of the year exceeded two percent
Prices 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, in the week from 9 to 15 February 2010 the 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 increased by 1.7 percent.
In the second decade of February of 2010 in Russia grew stronger all vegetables - by 1.3 percent. Buckwheat, cheese, dairy products rose 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 to 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 percent). The reason was the crisis severely reduced the demand for many goods.
February 16, Prime Minister Vladimir Putin has promised that in the next few years, Russia will be able to enter the European indicators of inflation - at 3.5 per cent. 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 officials and the Ministry of Finance on the fight against inflation, it can not escape the feeling of running in place. They are all fighting, doing "incredible" efforts, 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 framework. During the first half of February prices increased 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 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 plate prices established in the budget as much as we can be overcome much earlier period.

Seeing that the situation is out of control, Finance Minister Alexei Kudrin has accuses the government of carrying out a weak fiscal policy. In response, Prime Minister Mikhail Fradkov accuses the head of the Ministry of Finance in excess of saving money that are "desperately needed in the energy industry." "And there is no smell of 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 do not give her a break for 8, 5% throughout 2006. Moreover, puffing out his cheeks, officials said that they are quite capable by 2008 to drive it into the framework of 3 - 4%. Alas, it took only two months, and stubborn inflation wiped her nose with our financial authorities: defeated half of their annual plan "- writes the correspondent of the newspaper" Komsomolskaya Pravda "Valery Bhutan.

It took one and a half years, and we once again hear the government is struggling with inflation, which also successfully overcomes these hapless wrestlers.
Inflation, which have failed, "fights" The Ministry of Finance is not reduced. Second consecutive month, prices are rising faster than in 2006, the Ministry of Finance and the members of the government hastily excuses rise in prices and the depreciation of the ruble, not wanting to look in the mirror.
Ministry of Finance believes that the summer will help to remedy the situation of deflation, which depends on the crop.


"The Central Bank could not tear inflation on the price of oil," writes "Gazeta".

"... To be responsible for the project of monetary policy yesterday had the first deputy chairman of the Central Bank Alexei Ulyukayev. To soften hawkish deputies, he first 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 deputy chairman of the Central Bank Alexei Ulyukayev, - a record inflow of capital. Money supply for the year, including April, rose by 57.3%. This growth in the money supply May inflation figures are quite low, says Oksana Osipova of the Center for Development, much more influenced inflation in May rise in prices for fruit and vegetables - 7.8% (2.6% last year). "Nobody thought that the jump will be so sharp" - the economist said the bank "Trust" Evgeny Nadorshin. Non-food goods and services to go up slightly in May, but rising prices for construction materials: cement - by 5.4%, on the 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 to remedy the situation of deflation.

"Kommersant"

"The pace of price growth accelerated" (Aleksey Shapovalov): "The government hopes that they will stop deflation. Yesterday, Rosstat reported on the acceleration of inflation in May 2007, when the average daily growth rate of prices increased by 0.02% compared to 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 fall 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 and so on. Etc.. Etc.. Claim.
But who strive to achieve the desired result, he is looking for ways and who only means one finds an explanation.

And the more acute power crisis, the more there is a discrepancy between the reality and the reflection of this reality in the media. This discrepancy has become so obvious that even loyal to the government newspaper "Izvestia" talked about it and published an article by Anna Kaledins "Food prices are rising faster than inflation."

When announcing the official inflation data, it is nothing but bewilderment they not vyzyvayut.- perturbing Kaledina - All we go shopping and see how the prices rise. Wallet emptied all swiftly, and the "paper" inflation each year falls. Very revealing in this sense was the last 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%. Here is the explanation of our bewilderment. "

"For example, in June the cost of the minimum food basket increased 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 already know about it, Kaledina told that "index" Big Mac "the dollar should cost 15 rubles."
So what? Should, and not worth it. Here is Kaledins and would be worth to 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 Thun? And just because silent about it, it is no longer tolerable.

From 1 to 22 October, inflation in Russia was 1.3%, since the beginning of the year prices rose by 8.9%, and now their growth for the year may exceed 10%, according to Deputy Prime Minister Alexei Kudrin.
To fight inflation, reminded Kudrin, applied export and import duties. By region was a wave of price-fixing; major retail chains and manufacturers of frozen prices on six key items until 31 January. FAS initiated 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, to grow by 1.5-2%.

Gazette

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

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