According to Rosstat, in November the CPI growth stayed at 6.5% YoY, the same as in the previous month. In MoM terms, it added mere 0.3%. The non-food component eased to 5.2% YoY in November, from 5.3% YoY in October. The annual growth in the other main parts of the consumer prices index remained unchanged across the board: food inflation was flat at 7.3% YoY (for the third consecutive month), services’ prices grew 5.8% YoY and Rosstat’s core inflation was at 7.2% YoY.
In separate news, according to the weekly CPI report, the CPI increased 0.04% in the first three days of December. Average daily price growth ticked up to 0.014% last week, from 0.012% in the previous week, again below the 0.018% in 1-5 December 2011.
The breakdown shows that last week’s growth came mainly from WoW price rises in eggs (2.1% WoW), milk (0.3%) (potatoes (0.7%), and heating (0.2%). Meanwhile, last week, fruit and vegetable prices kept accelerating, recording inflation of 0.5% (vs. 0.3% a week ago).