Inflation through the eyes of the Central Bank: economists see a bad signal

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09:21; 13 September 2024 year
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The Central Bank has published seasonally adjusted price indices. According to the data, seasonal inflation increased markedly in August. Earlier, experts called the June figures truly terrifying: then the index without fruits, fuel and utilities showed a surge in the stable part of the consumer basket, which surpassed the autumn figures.

In August, the current rate of price growth was as follows:

  • CPI: 7.6% mm saar (16.2%in July), average for 3 months – 11.1%
    HIPC (core inflation): 7.7% (6.1%), 6.9%& lt;/em>
    BIPC without tourism services: 9.4% (5.8%), 7.0% & lt;/em>
    CPI without fruits, gasoline and utilities: 3.1% (6.7%), 5.7% & lt;/em>
    Food without fruits: 8.0% (7.1%), 7.7%& lt;/em>
    Non-food products without gasoline: 5.3% (4.4%), 4.3%& lt;/em>
    Services without housing and communal services: -8.1% (9.8%), 4.7%

«Most indicators of sustained inflation rose very significantly in August, and this is a very bad signal», -states in his telegram channel, economist-analyst Evgeny Suvorov.

According to Rosstat, prices increased by 5.27% in January-August 2024. Annual inflation, the agency states, slowed slightly in August to 9.05% from 9.13% at the end of July.