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Inflation index in the Russian Federation

Inflation is understood as an increase in the price level for almost all goods and services of a particular country. Moreover, with this process, there is a decrease in the overall purchasing power of money. This means that at different times for the same amount is the opportunity to purchase a different number of goods (less than before). To date, according to experts, the most common method of measuring the level of price increases is the so-called inflation index (this is the change in the price of the basket prices of all the goods and services used, calculated in relation to a certain base period). The publication of the main forecasts in this area on the territory of our country is the responsibility of the Federal State Statistics Service.

Inflation index. Calculation

According to specialists, the inflation index is calculated taking into account the total cost of the basket of goods and services. Consequently, its level is defined as a certain change in the value of the basket at a key time in relation to each subsequent period. At the very first moment, the inflation index is conditionally accepted as the base one. For example, in 2011 this figure was 3148.71 rubles. (one hundred percent). When calculating the basket, the price of goods and services of average consumption for an ordinary citizen for a week is also taken into account. So, for example, in 2012, the inflation index will already be about 3550,50 rubles.

Inflation index. Russia. year 2012

If we recall the situation in 2012, then we can say that the pace of this process was significantly reduced. However, in the autumn there was a sharp jump in prices, in particular, the cost of some goods increased by 30%. Some large producers, fearing future economic instability, began artificially to put in prices a higher level of inflation, without waiting for expert assessments. Of course, in the end, nothing terrible happened, as foreign exchange rates were relatively stable, and there were no sharp leaps. Therefore, according to unofficial sources, real inflation in our country in 2012 was about 33%. According to experts, in the near future, Russia is not threatened with a repeat of the situation in the 1990s, but unemployment is projected to increase, as well as an increase in taxes.

The inflation index in Russia. year 2013

Data on foreign exchange rates this year are disappointing. Specialists from all over the world agree that oil prices will fall precipitously. However, US policy, which does not benefit from this kind of state of affairs, will only pour oil on the fire. As for our country, in this case, opinions are divided. Some experts say that Russia will manage to get out of the global financial crisis with little or no loss. Others predict a default. Will our government have enough money and experience to restore the exchange rate to its previous level, to maintain a favorable economic situation in the country? There is an opinion that in 2013 the inflation index will be at the level of 70%.

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