RUSSIALINK: “Russia’s Economy Set to Face Old Problems in New Year” – Moscow Times
After a swift recovery from the coronavirus recession, the Russian economy is facing a familiar set of challenges […]
» Read moreTag: Prices
As Russia’s Food Prices Soar, Bakers Are Feeling the Squeeze; The costs of key ingredients like sugar and eggs have risen sharply in recent months.
(Moscow Times – themoscowtimes.com – Evan Gershkovich – Jan. 22, 2019) [themoscowtimes.com/articles/as-russias-food-prices-soar-bakers-are-feeling-the-squeeze-64225] Vladimir Anshakov hadn’t planned on becoming a baker. But when the law school graduate was between jobs several years ago, he was spending more time at home with his teething toddler who had a penchant for gnawing on bread crusts. After the new father checked the ingredients, his […]
» Read moreInterfax: Russian consumer prices unchanged, annual inflation down to 3.7% in week
MOSCOW. Aug 23 (Interfax) – Russian consumer prices were unchanged in the week of August 15-21, the Federal State Statistics Service (Rosstat) said. Russia had 0.1% deflation the previous three weeks as prices fell for the first time since early August 2016. Inflation was much lower than expected at 0.1% in July despite weekly inflation for the month being 0.3%. […]
» Read moreGovernment policy measures could reduce price volatility, inflation expectations – CBR chief
ST. PETERSBURG. July 13 (Interfax) – Government policy regarding the development of infrastructure, logistics and competition on food markets, as well as tariff regulation could help to reduce the volatility of prices and lower inflation expectations, Central Bank chief Elvira Nabiullina said at the International Financial Congress. “We need to fight not only with the consequences of shocks for inflation, […]
» Read moreInterfax: Russian authorities know how to take inflation under control, to reach plan by yearend – Shuvalov
MOSCOW. Oct 21 (Interfax) – The Russian authorities know how to take inflation under control; by the end of 2015 it will reach planned levels, Russian First Deputy Prime Minister Igor Shuvalov said at the State Duma on Wednesday. “I can say that in terms of growth rates and inflation – which concerned us most of all within the macro […]
» Read moreRussian Food Prices Stabilize After Months of Racing Inflation
(Moscow Times – themoscowtimes.com – Anastasia Bazenkova – August 3, 2015) After a year of skyrocketing food prices that have forced many Russians to spend less on what they eat, the cost of many categories of food has finally begun to stabilize or fall, official data show. Food price inflation has been one of the harshest consequences for ordinary Russians […]
» Read moreRussian Cabbage Prices Triple as Much-Loved Staple Falls Victim to Inflation
(Moscow Times – themoscowtimes.com – Howard Amos – April 27, 2015) The cost of a cabbage in Russia has almost tripled in less than six months. The Russian staple – and a key ingredient in traditional dishes such as the famous shchi soup – leads the field among foods suffering from inflation because of huge ruble devaluation in 2014 and […]
» Read moreRussia May Soon Return to Soviet-Style Price Controls
(Moscow Times – themoscowtimes.com – August 15, 2014) After a 20-year hiatus, direct Soviet-style price controls on the retail sector may be coming back, as the government strives to fight price hikes in supermarkets following Moscow’s decision to ban swathes of Western food imports in retaliation for sanctions over the crisis in Ukraine. The Federal Anti-Monopoly Service – the government’s […]
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