In Crimea, the increase in prices for meat products accelerated, but slowed down for gasoline and perfumes

At the beginning of the year, the prices for pork, beef and chicken stories in annual terms rose more than in the previous month. The reason is the increase in the costs of livestock breeders for feed, logistics, energy resources and wages. Due to the rise in price of the main raw materials for production, annual increase in prices for meat semi-finished products and sausages accelerated.

A similar price dynamics was observed with coffee. Due to bad weather, the crop in the main manufacturing countries has declined. As a result, the supply of coffee in the world market has decreased.

In January, the annual increase in prices for passenger transport services accelerated. Due to the increase in the costs of maintaining and servicing the transport park at the beginning of the year, carriers indexed tariffs for travel in a city bus, trolley and tram. At the same time, in January last year, indexation was not carried out.

In turn, thanks to the support of the Russian government and the agreements of local authorities with the region’s fuel companies, gas prices in Crimea in January decreased. As a result, the annual increase in prices for him slowed down. Also in January, the annual growth rate of prices for medicines, perfumes and cosmetics slowed down. At the beginning of last year, companies were more actively transferred to the prices of the increased expenses for raw materials and the purchase of finished products, which is why the prices for these goods increased more significantly.

In January 2025, prices grew by increased pace, since demand continued to ahead of the possibilities of increasing the production of goods and services. Therefore, at the next meeting of the board of directors on February 14, the Bank of Russia retained the key rate at 21%. This decision will support the savings activity of citizens and cool the demand for loans. Such a monetary policy will contribute to the slowdown of inflation up to 7-8% this year and its return to the target near 4% in 2026.