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In Sevastopol, annual inflation accelerated the growth of costs

CrimeaPRESS reports:

The rate of annual price growth in the region in June amounted to 3.8%. For comparison, in May the annual inflation in Sevastopol was 2.6%. The dynamics was formed under the influence of the increased costs of producers of food and industrial goods.

Poultry meat, eggs and dairy products became more expensive due to the fact that the cost of imported feed additives and equipment increased, and, accordingly, the costs of livestock breeders. For the same reason, prices for pork declined more slowly in annual terms. Car manufacturers that use imported components and pharmacists that use foreign-made components in the manufacture of medicines have also increased their costs. Therefore, the annual growth in prices for domestic cars and medicines accelerated.— noted in the press service of the Sevastopol Branch of the Southern GU of the Bank of Russia.

Annual inflation in the country as a whole in June amounted to 3.25%. According to the forecast of the Bank of Russia, taking into account the ongoing monetary policy, the indicator will be 5.0-6.5% in 2023, will return to 4% in 2024 and will be close to 4% in the future.

For more information on annual inflation in Sevastopol, see information and analytical commentary.

source: press service of the Sevastopol Branch of the Southern Main Directorate of the Bank of Russia

News of the Crimea | CrimeaPRESS

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