The Rosstat previously estimated inflation for 2015 at 12.9%

The Rosstat previously estimated inflation for 2015 at 12.9%


In December, inflation and rising food prices were at the level of November. In annual terms the growth in food prices slowed to 14% from 16.3% in November.

MOSCOW, 31 Dec. Inflation in Russia in December 2015 amounted to 0.8%, since the beginning of the year is 12.9%; food prices rose in December by 1.2%, while in annual terms their growth slowed to 14% from 16.3% in November, according to preliminary data of Rosstat.

Thus, inflation in December, as well as increased food prices were at the level of November. It should be noted that during the year the growth of prices for food products each month exceeded the General inflation in the country.

The last updated forecast Ministry of inflation for this year is 12.5%. At the same time, last week the head of the Ministry Alexei Ulyukayev has expressed the opinion that inflation for the year could reach about 13%.

Prices of manufactured goods in December rose by 0.4% in monthly terms, annual 13.7%. Services prices rose by 0.7%, compared with December 2014 by 10.2%.

It is noted that the preliminary data obtained on the basis of weekly registration of consumer prices for 64 species of essential goods and services in 276 cities. The final data on December inflation will be published on 12 January 2016.