- НОВОСТИ
- 08.02.10
- Inflation in January 2010
In January 2010 CPI (Consumer Price Index) amounted to 1.8%, m/m, resulting in 11.1% annual indicator. The key CPI contributor was the increase in food prices (3.3%, m/m). Namely, sugar and vegetable prices rose by 14.7% and 14.3%, m/m, respectively, while milk prices rose by 7.7%, m/m in January.
The Producer Price Index (PPI) amounted to 1.9%, m/m, in January mainly due to the growth of utility distribution prices (4.4%, m/m). This resulted in the annual PPI growth of 14.3%, y/y in January 2010.
The growth in the consumer prices may be partly explained by the seasonal food price increase. Still, the estimated deficits of such products as sugar and milk additionally drive their price increase. We expect the food price growth to continue in 1H10, while the additional hike in the consumer prices is expected in April-May 2010, in case the new government will raise the natural gas prices for households. This will result in two-digit CPI in 2010.Viktoria Sherstyuk
- REPORTS
- FXPO: 2Q2010 booming financials,
6 August 2010 - PGOK: Back to commodity rush,
3 August 2010 - UNAF: Another dividend play,
9 July 2010 - MILLENNIUM CAPITAL NEWS
- Millennium Capital Encourages Student’s Research
- Millennium Capital Arranged VIG Acquisition of UIG
- PFTS Trading Rating In December 2009
- ПОИСК НОВОСТЕЙ И АНАЛИТИКИ
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- WORLD INDEXES
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Country Index Time SSEC CN 2656.352 09.09.10 03:00 PFTS UA 806.5 08.09.10 00:00 UX UA 1996.68 07.09.10 17:00 Nasdaq US 2228.87 08.09.10 17:30 FTSE UK 5458.39 09.09.10 05:01 Dax DE 6172.08 09.09.10 05:01 Nikkei JP 9098.39 09.09.10 02:28 - CURRENCY
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USD 1.6268 1142.2572 Euro 1.1375 01.02.5115 RUB 11.3462 798.0000 - RESOURCES
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Gold 1256.42 -0.09% OIL (Brent) 78.13653 -0.04%
