Price growth in Russia is more than inflation

Banks Finansy09-04-2009 rise in prices in Russia more than inflation, while the global community is experiencing a sharp decline in inflation in Russia this figure still amounts to a two-digit number. Moreover, inflation forecasts at the end of the year vary widely, which complicates economic planning. To blame legacy of the Soviet economy, said the source Bigness.ru. In developed countries, suffering from acute financial crisis, the only consolation for consumers in the current situation is the decline in price growth, and in some places - and deflation (falling prices). So, according to recent statements made by the head of the European Central Bank Jean-Claude Trichet, inflationary pressures in the eurozone is falling, and by the middle of the year can be registered a decline in consumer prices. In March this year, inflation in the euro area has slowed to 0,6% in annual terms. This is the lowest inflation rate for the lifetime of the euro. In February, inflation in the eurozone stood at 1.2%. In the culprit of the crisis - the United States of America - inflation also slowed dramatically. U.S. consumer prices from January 2008 to January 2009 did not change. Zero inflation for the year is the lowest since 1955.