Russia: Food Price Inflation Down to 3.5 Percent in March 2017

  |   Attaché Report (GAIN)

Contact:

Office of Agricultural Affairs, Moscow   |   (011-7-495) 728-5222

According to Russia’s Federal Statistics Service (Rosstat), Russia’s headline consumer price index (CPI) was down to 4.3 percent in March 2017 from 5.4 percent in December 2016. Food price inflation was 3.5 percent in March 2017 compared to 4.6 percent in December 2016. Inflation in Russia was below Central Bank’s targeted level in March due to stronger than expected ruble exchange rate, record high agriculture output in 2016 and ongoing decline of real disposable income.

Russia: Food Price Inflation Down to 3.5 Percent in March 2017

Europe and Eurasia, Russia

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Ukraine: Biotechnology and Other New Production Technologies Annual

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.