Inflation does not smell

Finansy08-07-2008 Inflation does not smell Inflation in Russia does not fit the government forecasts are inventing new measures to curb its growth. Food continues to go up significantly, and wallets of population decline, the Russians no longer believe the words of the authorities. However, inflation should be, experts said. Products should not interfere in Price? Rising inflation continues to painfully hit the consumers. So, according to the Federal State Statistics Service, in June 2008, inflation amounted to 1%, last year she was on the same mark. Overall, however, the half-year figures are different: so this year for six months, inflation has already shown 8,7%, whereas in the past - three percentage points lower. With such figures it is quite obvious that the prognosis Economic Development in 9-10,5% will be exceeded. In the ministry are already counting the forecast upward to confirm the source of the ministry. According to chief economist URALSIB Vladimir Tikhomirov, "1% in June encouraging." It is likely that prices really slow down your progress, and June will be a watershed month. Tikhomirov believes that if the trend of slowing price growth did improve as the inflation rate for the year could reach 12.5%.