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Inflation in Russia will exceed 8% by the end of the year

Inflation in Russia will exceed 8% by the end of the year

Inflation in Russia by the end of this year will be 8,04%. The main factors behind the increase in inflation, according to experts, will be the increase in the cost of raw materials and food.

As reported "News" citing a survey of analysts from leading financial institutions, the strengthening of inflation will also be affected by the weakening of the Russian currency against the background of the aggravation of the geopolitical situation. The Central Bank expects prices to rise in the range of 7,4-7,9%. According to the Ministry of Economics, this figure will be 7,4%.

Analysts at Rosselkhozbank believe that according to the pessimistic forecast, the inflation rate for the year will be up to 8,25%, according to the baseline - up to 8,1%, according to the optimistic forecast - up to 7,64%. A rise in prices at the level of 8-8,1% by the end of the year is predicted by ACRA and Sovcombank. By the end of the year, inflation will be in the range of 7,8-8%, according to VTB Capital. PSB believes that prices will rise by 7,8% in annual terms.

Experts agree that in December in the Russian Federation the cost of goods and services will rise sharply, the last noticeable jump in prices was noticed in October.


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