Inflation has been less than 1% in September

10/14/19 16:08

Inflation has been less than 1% in September

In total, over the first 9 months, prices for goods and services increased by 3.5%

Tiraspol, October 14. /Novosti Pridnestrovya/. Last month, inflation in the consumer market was 0.9%.

According to the State Statistics Service, consumer goods rose 2.2%. To a greater extent, this applies to meat, fruits and vegetables. At the same time, chicken eggs, honey and fruits became cheaper.

In the non-food segment, prices remained stable. A slight decrease in the cost of building materials (-0.5%) and detergents (-0.2%) was recorded.

According to the State Statistics Service, in January-September, inflation was at around 3.5%, which is 1.6 pp lower than a year earlier, due to less pronounced inflationary trends in the commodity segment. This fact is mainly associated with a slowdown in food prices.

“Like a year ago, the main influence on the final indicator was exerted by the situation in the sphere of sales of vegetables (+ 37.0%) and fruits (+ 12.5%), which, however, was significantly better than last year. In addition, according to the results of January-September 2019, meat and meat products (+ 9.6%, or 22.9% of total inflation) and fish products (+ 5.5%), milk and dairy products (+ 1.8%) rose in price. Upward adjustments also affected prices for flour (+ 12.1%), honey (+ 8.1%), sugar (+ 7.2%), pasta and cereals (+ 4.7%),” the press release of the Ministry of Economic Development notes.

Since the beginning of the year, the average level of tariffs in the services sector has grown by 2.4%, forming 16.5% of total inflation. In the context of individual positions, the tariffs of educational organizations (+ 11.2%), sanatorium and health organizations (+ 5.3%), medical institutions (+ 1.0%), and also organizations providing passenger transportation services (+10, 7%), which together accounted for 11.1% of total inflation. Upward adjustments also affected household services (+ 2.2%, or 0.8% of total inflation), communication services (+ 1.3%, or 2.6% of total inflation) and commercial banks (+ 1.7%, or 0.1% of total inflation). Tariffs for housing and communal services increased by an average of 0.7%, with price adjustments in the hotel industry being the main factor, while utility tariffs remained unchanged.

It should be noted that over the past 9 months, inflation in the Russian Federation was 2.3%, in Ukraine - 3.4%, in Moldova prices rose by an average of 4.9%.

 

Также в рубрике

02/14/24 16:52
The Head of the PMR Ministry of Economic Development spoke about the consequences of economic pressure from the Republic of Moldova
01/17/24 13:51
The Supreme Council will make decisions to support the economy
01/10/24 14:47
The customs duties that the Moldovan authorities force Pridnestrovian enterprises to pay will go to the budget of the Republic of Moldova, the head of the Union of Industrialists, Agrarians and Entrepreneurs of Pridnestrovie noted