Deflation in Russia during the period from August 30 to September 5 slowed down to 0.13%

Consumer prices in Russia during the period from August 30 to September 5, 2022 decreased by 0.13%, should from Rosstat data. A week earlier, deflation was 0.16%.

Since the beginning of September, deflation has been 0.09%, while growth since the beginning of 2022 is at the level of 10.24%. By data Ministry of Economic Development of Russia, in annual terms, inflation fell to 14.08%. “Like a week earlier, price reductions were recorded in all sectors of the consumer market,” the ministry said.

During the specified period, in the regions of Russia, a decrease in prices for millet was recorded – by 0.9%, buckwheat – by 0.7%, boiled sausages – by 0.6%, chicken meat – by 0.4%, rennet cheeses – by 0 .3%, for pasteurized milk, rice, vermicelli – by 0.2%. At the same time, the cost of chicken eggs increased by 1.1%, canned vegetables for children – by 0.9%, black tea – by 0.4%, sausages, sausages, frozen fish, butter, bread and bakery products, as well as vodka – by 0.2%.

Among medicines, the cost of validol decreased – by 0.7%, nimesulide – by 0.5% and Corvalol – by 0.3%. The cost of flights in economy class decreased by 9.9%.

On September 5, Minister of Economic Development Maxim Reshetnikov during a speech at the final strategic session on the main directions of economic policy under sanctions declaredthat the Russian economy by 2030 will exceed the level of 2021 by 17% if the target scenario “accelerated adaptation” is implemented. It was noted that the proposed systemic solutions should help overcome the recession and achieve sustainable growth as early as 2024. It is assumed that positive dynamics will primarily be provided by internal growth – both consumer and investment, priority areas were developed at specialized sessions, the report said. ministries.