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Prices Will Jump: How Much Will New Year's Table Products Increase in Price?
Russians should expect prices for popular food items to rise significantly during the remainder of the year leading up to the New Year.
Economist Alexander Razuvaev warned all citizens about this, DEITA.RU reports.
According to experts, prices for products that are essential for the Lunar New Year will increase by about 15% in November and December of this year. One of the main reasons for this is the weakening of the ruble.
In addition, as the expert explains, the growth of inflation in Russia will stimulate the growth of state expenditures. Razuvaev stated that by the end of this year it will unexpectedly grow to 2 trillion rubles.
In this regard, according to economists, inflation in Russia by the end of the year will most likely be much higher than previously expected. As a result, experts believe that the News.ru portal may reach a value of 9-10% instead of 4%.