Economist warns of risk of price increases for some categories of goods
In November, inflation in Russia is expected to slow to 7.8-8.2%.
This will reduce food prices.
However, as Petr Shcherbachenko, associate professor at the Financial University under the Government of the Russian Federation, warned in an interview with the Gazeta.Ru portal, there is a risk that other items may become more expensive.
In particular, the expert did not rule out the possibility that prices for non-food products could rise.
As the expert recalled, at the next meeting of the Central Bank's board a decision may be made to raise the key rate to 20%. And this, in turn, will have a positive effect on the cost of food products.
However, the risk of rising prices for non-food products remains, as it is primarily associated with increased costs and problems with imports.
If the cost of raw materials and freight increases, then we should expect a rise in prices for clothing, electronics and other goods that depend on these factors, Shcherbachenko warned.
