Inflation soars in March

Inflation soars in March



7 квітня 2015 года
ICU

The March statistical report on inflation indicated a further acceleration of on-year inflation to levels not seen since the mid-1990s. The headline consumer price index rose 10.8% MoM and the producer price index increased a similar 10.5% MoM. In the year-on-year terms, headline CPI spiked to 45.8% YoY and PPI escalated to 51.7% YoY. Among consumer goods, food inflation in March was most profound as sugar prices rose 39.2% MoM, sunflower oil added 32.1% MoM, and bread products increased 22.7% MoM. In this environment, the tight regulatory regime will continue as it is premature for authorities to loosen capital controls and tight administrative measures over FX operations.

Источник: ICU

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