Different product groups show mixed price dynamics in October
12 November 2020
News
Fruit and vegetable prices (seasonally adjusted) declined in October on average, while sugar price growth accelerated. Imported cars continued to appreciate, whereas air ticket prices remained lower than a year earlier.
In the near future, price dynamics will again be affected by short-term proinflationary factors such as the weakening of the ruble, rising world food prices, and supply-side restrictions. At the same time, the disinflationary impact of demand, which is increasing amid the expanding pandemic, will become more pronounced in the medium term. Further details are available in the new issue of Consumer Price Dynamics, an information and analytical commentary.
Preview photo: Dmitry Kalinovsky / Shutterstock / Fotodom