Crimean News
News of Crimea - The latest news of Crimea today. Events and incidents, economics and finance, sports, science, culture, resorts, society and politics in Crimea. Crimean news for the last day. Sevastopol News

In Sevastopol, inflation has «driven up» the incomes of citizens and the economy of the region

KrymPRESS reports:

Annual inflation in Sevastopol accelerated to in July ,3%.

Annual inflation in Sevastopol in July this year accelerated by 0.22 percentage points (p.p.), amounting to 09,3% after 15,58% in June, which is higher than the all-Russian value (15,1%), reports the branch for the city of federal significance of the Southern Main Directorate of the Central Bank of the Russian Federation.

Dynamics was mainly determined by the earlier ripening of the crop in the current year, as a result of which the peak of the supply of vegetables in the region was observed a month earlier — in June, — noted in the press release.

Thus, the annual growth rate of prices for foodstuffs accelerated in July by 2. p.p., to 17,05%, for non-food items — decreased by 0.58 p.p. to 19,15%, for services — slowed down by 0,55 p.p., up to 9,22%.

Products.

Favorable weather contributed to an early harvest and the supply of vegetables to the region, thus adjusting the peak of seasonal supply by a month, but in July the situation changed, and the growth in supply for the «borscht set» was no longer as significant as it was observed a year earlier. This slowed down the decline in prices for potatoes, beets, carrots and fresh herbs. At the same time, onion has risen in price in annual terms, the regulator notes.

In addition, after the closure of air traffic with airports in southern Russia, the load on road and rail transport on the Crimean Peninsula has increased significantly. This reduced the supply and, accordingly, accelerated the rise in prices for imported products, for example, for apples.

Measures to support the livestock industry in the main supplier regions contributed to an increase in the production of eggs and most types of meat products, which slowed down the growth in prices for meat and semi-finished products and reduced the cost of eggs in annual terms , says the press release.

Machinery, fuel and timber.

According to the Central Bank, the annual rate of rise in furniture prices has decreased, prices for boards have decreased — against the backdrop of existing restrictions on the export of timber and wood products, their supply on the domestic market has increased.

The growth in motor fuel prices slowed down (against the background of the expansion of supplies on the domestic market in the face of reduced exports).

After the exhaustion of the increased demand in March and the restoration of supply due to alternative supplies, in July of this year, prices for goods with a high import content grew more slowly: cars, electrical goods and household appliances, clothing and underwear, shoes, means of communication, — specifies the bank.

Services.

The launch of additional rail services to the peninsula has contributed to a slowdown in the rise in price of train travel.

It is also reported that, unlike the previous year, when capital repairs were planned to be increased, in July of this year the amount of payment did not change, and this slowed down the annual rise in prices for housing and communal services.

Core inflation in Sevastopol in July amounted to 15,22% after 15,8% in June.

According to » Interfax».55

Find out more:  Designer sofas - features and selection criteria

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy