"Inflation 'for the poor' has almost caught up with the national average."

"Inflation 'for the poor' has almost caught up with the national average."

      Experts note that the slowdown in the growth rate of prices for the "poor basket" can be considered a positive signal. However, the situation may worsen in July due to an increase in utility tariffs, which constitute a significant portion of this social group's expenses. There is also a continued lag of real pensions behind last year's level despite indexation. CMACAP analysts report a decline in consumer spending in June, including on food and non-food products as well as services. A particularly sharp decrease is observed in the automobile segment — the center estimates that the passenger car industry has entered a serious crisis zone. Nevertheless, SberIndex data indicates a recovery in consumption growth in July: from the 14th to the 20th, the annual growth rate was 9.9%, with a real increase of 0.5%. Spending on consumer goods and services increased, while expenses on food slightly decreased, according to Kommersant.

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"Inflation 'for the poor' has almost caught up with the national average."

According to the Center for Macroeconomic Analysis and Short-term Forecasting (CMAPK), in June 2025, the annual price increase for the minimal set of goods and services for low-income populations slowed to 10.5%. This is nearly aligned with the country's overall inflation rate of 9.4%.