Inflation in the Kirov region has decreased to 10.6%.

Inflation in the Kirov region has decreased to 10.6%.

      A decrease in annual inflation is observed in the Kirov region. According to Rosstat, in June it was 10.6%. Price growth compared to May was minimal — 0.2%.

      Experts attribute this dynamics to a cooling of consumer demand. Non-food goods, including fur products, cosmetics, and perfumes, have become noticeably cheaper in the region. Among food products, chicken eggs stand out: they have fallen in price by 24% over the month and by 40% over the year.

      The inflation slowdown is also linked to the actions of the Bank of Russia. Elevated interest rates make deposits more attractive, so people prefer saving rather than spending. This suppresses demand and, as a result, slows down the rate of price increases.

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Inflation in the Kirov region has decreased to 10.6%.

In June, the price increase in the region was 0.2%.