Growth in prices for manufactured goods from manufacturers accelerated in June, according to Rosstat data. Prices in June rose by 2.9% compared to the previous month, while in May prices increased by 2.3% compared to April. In annual terms, the growth in prices for industrial goods amounted to 31.1%.
“In June 2021 compared to May 2021, the producer price index for industrial goods, according to preliminary data, amounted to 102.9%, compared to December 2020 – 119.9%,” the statistics department said.
In the field of mining, prices in June in monthly terms increased by 3.8%, in manufacturing – by 3.3%. In the provision of electricity, gas and steam, prices fell by 1.6%; in water supply, sewerage, waste collection and disposal – by 0.1%.
Earlier, Rosstat reported that annual inflation in Russia in June reached 6.5%, which is the highest level since August 2016. Food prices in the first month of summer increased by 7.9% on an annualized basis. Non-food products rose in price by 7.04%, and services – by 3.95%. At the same time, prices for consumer goods in Russia from 6 to 12 July increased by 0.06%. This value is the lowest since the beginning of the year.