Annual growth of consumer prices February slowed to 4.1% to 6.1% from 2011 onwards. According to correspondent BakuToday from the analytical Bureau “Investkafe”, these data are presented in the communication of the Bank of Russia.
“This forecast and statement does not take into account that prices will start to grow from 1 July this year, commented data bank of Russia analyst” Investkafe ” Anton Safonov. -Let me remind you that following an increase in the price of housing and utilities rates 2011, inflation stood at 2.4% in January and in February it had already decreased to 0.8%. From 1 July, rates will increase by 12-15%. At the same time, rising to 15% is expected for the municipalities and regions where a high proportion of developing heat is gas, but in other cases, the growth rate will not exceed 12%. However, a large share of gas in the European part of the country, and in some cases exceeds the 90-95%. Given that the majority of the population of Russia is focused just on the European side, for the majority of citizens rise in tariffs will amount up to 15%. In my opinion, this is a very spur inflation, and in July will be from 1% to 1.5% per month on average, and this situation will persist for about 3 months, as previously expected to raise tariffs in two stages. This gives us inflation in 2012, at around 9%.
“Save situation can only harvest and traditional lower prices for fruit and vegetables, then the monthly rise in prices since July will not be so great. But even in this case, inflation is unlikely to prove less than 6%. When a negative scenario we can revert to a two-digit inflation figures, “said the expert.
