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16 April 2014

Prices on the press increased significantly in the 1st quarter of 2014

After a significant fall of the ruble at the beginning of 2014, intensive calculations began in all branches of the country, to clarify whether the inflation will be the same rapid in the coming months, and whether it will follow for a weakening ruble? Of course, in general, it’s obvious that the depreciation of the ruble affected mainly on import content of consumer goods, rather than on the internal circulation.

However, recent data from Rosstat proved, that fears were not so groundless: the rise of the prices in Russia in the first quarter amounted to 2.3 % (in 2013 - 1.9%). At the same time the retail prices for the press, as shown by monitoring of the prices for newspapers and magazines in trade objects of different formats, increased on average by 4.5%. Thus, the rise in prices for periodicals is not just in 2 times more than the average level for the products in the country: in the first three months of 2014 it reached the level, which was achieved in the past, in 2013, only in the third quarter.

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