annual inflation in December 2023 amounted to 7.42% – Kommersant
[ad_1]
Annual inflation at the end of December 2023 slowed to 7.42% from 7.48% in November, should from the Central Bank analysis. In December last year, consumer prices increased by 0.73%, and a month earlier – by 1.11%.
The Central Bank explains inflation indicators by “a decrease in the stable component of price growth and a slowdown in the rise in prices of goods and services with volatile prices.” In the fourth quarter of last year, according to the regulator, consumer prices grew at a rate of 8.7% – lower than in the previous quarter.
At the same time, the Central Bank notes that the rate of price growth remained high for a wide range of goods and services. The regulator named high domestic demand as the main factor. In this regard, the Bank of Russia emphasized the need for a tight monetary policy. “Taking into account the current monetary policy, annual inflation will decrease to 4.0–4.5% in 2024 and will be close to 4% in the future,” the report says.
By data Ministry of Economy, annual inflation in Russia from January 1 to January 9, 2024 slowed to 7.44% from 7.59%. The head of the Ministry of Economy, Maxim Reshetnikov, said that the accelerated rise in prices for goods will slow down due to “maximum support for the supply economy.”
Read more about the dynamics of the Russian economy in the Kommersant article. “Half a percent to grow”.
[ad_2]
Source link
