Tales from Yudayeva

CBR is planning for two years to reduce inflation to 4%Bank of Russia intends for two years to reduce inflation in Russia up to 4%. This was reported by First Deputy Chairman of Central Bank of Russia Ksenia Yudaeva during the conference of the American Chamber of Commerce."Our calculations show that this goal is achievable and absolutely incompatible, in fact - is complementary to the task of restoring sustainable economic growth", - quotes the words of Yudayeva Tass.She stressed that the measures applied monetary policy have allowed so far to keep inflation from further unwinding after the jump caused by the depreciation of the ruble after the price of oil last year. Meanwhile, the first deputy chairman of the Central Bank does not exclude the continuation of the economic downturn in Russia for several quarters.

Note, according to official figures inflation in Russia in September was 0.5%, and in general from the beginning of the year - 10.3%. In annual terms, inflation remained at 15.8%. Real price growth is much higher than these figures.Irina YakinSource: ura.ru
 -------------------------------------------------- -------Invincible and uncontrolled inflationInflation in Russia since the beginning of the year exceeded two percentPrices in Russia since the beginning of the year rose by 2.1 percent. This is stated in the official press release Rosstat.According to Rosstat, the week of 9 to 15 February 2010 inflation in the country amounted to 0.2 percent, and since the beginning of the month - 0.4 percent. A year earlier, the overall rise in prices in February was 1.7 per cent.In the second week of February 2010 in Russia most of all rose 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 amount to 6.5-7.5 percent. In 2009, the rise in prices in the country amounted to 8.8 percent, significantly down compared to 2008 (13.3 percent). The reason was the crisis severely reduced the 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 figures for inflation - by 3-5 percent. In 2009, prices in the EU rose by an average of 1.4 percent.-------------------------------------------------- ----------When you read statements by government officials and officials of the Ministry of Finance of the fight against inflation, it can not escape the feeling of running on the spot. They are all struggling, doing "enormous" 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 framework. In the first half of February, prices rose by 0, 8%, and by the end of the month, inflation could reach 1, 2%, economists predict. As an ambitious forecast of Economic Development, the increase in prices in 2006 should not over 7 5-8%. However, the January statistics put this task into question ... In the first two weeks of February, inflation amounted to 0, 8%, said yesterday the Deputy Prime Minister Alexander Zhukov. In February last year, prices rose by 1, 2 %.According to data released by the Ministry, in February, inflation could reach 1.3-1.5%, and by the end of the first two months of the year - is 3.9%. It seems that the 9-percent annual growth bracket of prices set in the budget as a maximum possible will 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 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 sector." "But 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 inflation in tight rein. And do not let her break out of 8, 5% during 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, "- wrote the correspondent of the newspaper" Komsomolskaya Pravda "Valery Bhutan.It took one and a half years, and we once again hear the power struggles with inflation, which successfully overcomes these hapless fighters.Inflation, which so unsuccessfully, to "fight" the Ministry of Finance is not reduced. Second consecutive month prices are rising faster than in 2006, the Finance Ministry and members of the government hastily excuses higher prices and the depreciation of the ruble, not wanting to look in the mirror.The Finance Ministry believes that the situation will help to correct summer deflation, which depends on the crop.
 "The central bank was not able to pull the inflation of oil prices," writes "Gazeta"."... Responsible for the project of monetary policy yesterday had the first deputy chairman Alexei Ulyukayev Central Bank. To soften the militant deputies, the first thing he told me how hard it is to work to the Central Bank." Central Bank forecasts inflation of 5.2%, and the results year - at around 8%. The deputy chairman of the Central Bank takes credit for that failed to sterilize the inflow.One reason for its rapid growth, according to the Central Bank Alexei Ulyukayev vice-president - a record influx of capital. Money supply for the year, including the April rose by 57.3%. For such money growth May inflation is quite low, says Oksana Osipova of the Development Centre, much more impact on inflation, the May increase in prices for fruits and vegetables - 7.8% (2.6% last year). "No one thought that the jump would be so sharp," - says economist of the bank "Trust" Yevgeny Nadorshin. Non-food goods and paid services to go up moderately in May, but rising prices for building materials: cement - by 5.4%, a brick - 4.6%. Officials still expect that inflation in 2007 runs out in 8% (in 2006 it was 9%). The Finance Ministry believes that the summer will help to remedy the situation of deflation."Kommersant""Price growth accelerated" (Alexei Shapovalov), "The government hopes that they will stop deflation. Yesterday, Rosstat reported on the acceleration of inflation in May 2007, when the average growth rate of prices increased by 0.02% against 0.015% in May 2006. Central Bank predicts convergence of price growth from last year. Finance Minister Alexei Kudrin still hopes that inflation plan of the government in 2007 will be executed if his expectations of deflation materialize in the fall. "Our officials are constantly explaining the causes of inflation and rising prices, and if it does not rise in oil prices, the influx of capital, unless the flow of capital, the growth of salaries and so on. D., And so on. N.But who strive to achieve the desired result, he is looking for ways and who only indicates that is the explanation.
And the acute power crisis, the more evident discrepancy between reality and a 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 Anne Kaledin "Food prices are rising faster than inflation."When announce official data on inflation, it is nothing but bewilderment they will not be indignant vyzyvayut.- Kaledin - We all go shopping and see the prices rise. Purse emptied all swiftly, and the "paper" from year to year inflation falls. Very indicative in this sense was the last week. We were told that in June, prices rose by 1%. For the summer rate is high, but not fatal. But at the same time, the cost of the minimal set of food in June increased by 4.8%, and YTD - 13.1%. That's the explanation for our bewilderment. ""For example, in June the cost of the minimum food basket has increased almost 5 times more than inflation. Just so as not to starve to death in June, the Russians had to spend on food at least 1666.3 rubles (in Moscow - 2020.3 rubles). "Rebelled mendacity of official statistics, and tell readers how to find it difficult to live, even though they are well aware of this, Kaledin told that "the index" Big Mac "the dollar should be worth 15 rubles."So what? Should, but not worth it. Here then Kaledin, and it would be worth trying to understand the cause of this phenomenon. Who is interested in such a mismatch value of the ruble, and who spins inflation, giving false numbers? 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 the truth and remain in Thun? And just because to be 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%, and now, their growth for the year could exceed 10%, according to Deputy Prime Minister Alexei Kudrin.To combat inflation, Kudrin reminded, applied export and import duties. By Region was a wave of price fixing; the largest retail chains and manufacturers to freeze prices for six key commodities until 31 January. FAS filed in 17 regions of 40 cases. The measures have helped, says Kudrin: the second half of October rise in food prices has slowed by half.However, core inflation continues to accelerate. In September, it reached a record 1.6% in October, according to Kudrin estimates, will grow by 1.5-2%.
 SheetsStruggled ... fighting ... fighting, not forgetting regularly receive salaries and all other benefits, but things are there. But they do not lose hope and will continue to fight adtsat years ... until blown on a well-deserved retirement and will tell their grandchildren about their "selfless" struggle.
   -------------------------------------------------------------------------------------------------------Rosstat: Inflation in Russia in February was 0.7%, since the beginning of 2014. - 13%Quote.rbc.ru 04.03.2014 16:00 Inflation in Russia in February 2014. It was 0.7%, since the beginning of the year - 1.3%, according to Rosstat. In February, 2013. Consumer prices rose 0.6%, two months of last year - by 1.5%.
Prices of goods in February 2014. increased by 0.8%, for services - by 0.4%. Basic 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 increased by an average of 1% or more. At the same time in Moscow, consumer prices have increased over the month by 0.7% (YTD - 1.4%), St. Petersburg - by 0.8% (YTD - 1.9%).
Federal State Statistics Service indicates that in February grew significantly the prices of most of the observed species of fruit and vegetables. Prices for white fresh cabbage increased by 17,4%, onion - by 16%, potatoes - by 12.0%, cucumbers, carrots and grapes - by 6,5-7,8%. At the same time, fresh tomatoes and oranges have become less at 1.5% and 1.1% respectively.
The cost of minimum food basket per month on average in Russia in late February 2014. It amounted to 2998.3 rubles. and compared to the previous month increased by 2.6% (YTD - 4.8%). The cost of in Moscow in the end of February amounted to 3542.8 rubles. and for the month increased by 2.7% (YTD - 4%), St. Petersburg - 3394.3 rubles. and increased by 3% (YTD - 5.9%).
Ministry of Economic Development expects inflation in February will be around 0.5%. In January, 2014. Consumer prices rose 0.6%.
According to the official forecast of the Ministry of Economic Development, inflation in 2014. It will be in the range of 4.5-5.5%. According to Deputy Economic Development Minister Andrei Klepach, the growth of consumer prices in 2014. It may reach 5.2-5.3%.-------------------------------------------------- -----------------
MEDT has raised its inflation forecast to 7-7.5%
  Economic Development Ministry has raised its inflation forecast for 2014 to 7-7.5%, and for 2015 - up to 6-7%, Interfax reported, citing a source in the financial and economic block of the government. Previously, the agency predicted that the inflation rate in 2014 will amount to 5.5-6.5%, and in 2015 - 4.5-5.5%.Analysts said that because of the rise in price of the products after the ban on imports of certain food products from the EU, Canada, Australia, Norway and the United States, inflation could significantly exceed the forecast of Ministry of Economic Development."Fearing a shortage of supply and more expensive in the future, vendors are laying the risks in the current prices. As a result, in August inflation may be significantly higher than forecast MAYOR (0.1%), and talk about deflation is no longer necessary, "- the experts of the Raiffeisenbank.According to Rosstat, in the middle of August 2014 the price of "sanctions" goods quickly went up. For example, pork prices that previously increased by 0.1-0.2% in the week from 12 to 18 August has risen by 0.5%. Three times (from 0.1% to 0.3%) accelerated weekly rise in prices for frozen fish have started to rise in price (0.2%) deshevevshie in anticipation of the ban on imports of cheese and apples.August 22 Ministry of Economic Development has raised the forecast inflation for the last month of the summer to 0.1%. Two weeks earlier, the Office admitted the possibility of deflation, forecast for August ranged from minus 0.1% to plus 0.1%.Another dispersing inflation factor was the rise in prices of industrial producers, which in January-July 2014 increased by 6%, which is almost six times higher than in the first seven months of 2013.The outlook on the ruble, 2014-2017 Ministry of Economic Development is left unchanged. The average at the end of 2014 the dollar's value should be, according to experts, departments was 35.5 rubles. In 2015, the dollar should rise in price to 37 rubles.In addition, the Ministry of Economic Development has kept Russia's GDP growth forecast for 2014 at 0.5%, lowering the growth forecast for 2015 from 2% to 1%, and raised its forecast net outflow of capital from the country in 2014 from $ 90 to $ 100 billion.Earlier it was reported that in the first six months of 2014 the outflow of capital amounted to $ 74.6 billion - 2.2 times more than in the first half of 2013.Eugene Kalyuk
Read more: http://top.rbc.ru/economics/26/08/2014/945014.shtmlDecember 10, 2014 The Prime Minister Dmitry Medvedev during the annual dialogue with leading television said that inflation in Russia this year will be more than 9%.
"In all likelihood, inflation this year will be more than 9%, even though we have focused on other factors," - Medvedev said, RIA "Novosti".
He added that this has led to the fact that food prices began to form under the influence of a number of external factors.
In November, inflation in Russia in annual terms was 9.1%. Director of Strategic Planning Department of the Ministry of Finance long-term Maxim Oreshkin, last week said that the Finance Ministry predicts inflation at the end of 2014 at 9.7%.
Also Medvedev, summing up the year at the annual dialogue with leading television channels, said that Russia did not come out of the 2008 crisis.Source: vz.ruInflation in Russia in January-May to 14 times higher than European
 European Union countries on average, completed in May inflation at 0.2%. Prices in the EU for the first 5 months of this year increased by only 0.6%. This information was provided today by the Federal State Statistics Service.According to Rosstat, in May among foreign countries considered the most marked increase in consumer prices compared with the previous month was noted in Ukraine (2.2%), Cyprus (1.1%), Malta (0.9%); since the beginning of 2015 - in Ukraine (40.1%), Belarus, Brazil, Turkey (in the 5,2-6,5%).In some countries observed decrease in the average level of consumer prices in comparison with April 2015, for example, in Kyrgyzstan - 0.8%, in Armenia - by 0.5%.Source: rosbalt.ru