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News Wire / economy

Russian Cash In Circulation Rises Record Amount In April

Kommersant FM Moscow 14d8d Impact 5

Weekly inflation in Russia reached a record high of 0.05% for the period between April 21 and April 27. The sentencing follows investigations into the treatment of personnel. Economist Denis Roksha stated that cars are becoming increasingly unaffordable for Russians. Prices for vehicles have grown three times over the last 10 years. This growth rate significantly exceeds the rate of inflation, according to Roksha. The trend of rising costs has been particularly pronounced since 2022. Russia is benefiting from a increase in global fertilizer prices. The source noted that fertilizers are not currently under sanctions, allowing Russia to leverage the market. This development follows a contraction in global supply as much of the previous supply has moved to regions like the United Arab Emirates. The volume of cash in circulation in Russia increased by 607 billion rubles in April.

Weekly inflation in Russia reached a record high of 0.05% for the period between April 21 and April 27. The sentencing follows investigations into the treatment of personnel. Economist Denis Roksha stated that cars are becoming increasingly unaffordable for Russians. Prices for vehicles have grown three times over the last 10 years. This growth rate significantly exceeds the rate of inflation, according to Roksha. The trend of rising costs has been particularly pronounced since 2022. Russia is benefiting from a increase in global fertilizer prices. The source noted that fertilizers are not currently under sanctions, allowing Russia to leverage the market. This development follows a contraction in global supply as much of the previous supply has moved to regions like the United Arab Emirates. The volume of cash in circulation in Russia increased by 607 billion rubles in April. According to RBK citing Central Bank statistics, this represents the largest increase since September 2022. During that period, cash holdings among Russians rose by nearly 930 billion rubles following the announcement of partial mobilization.

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inflation GDP economy

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Sources · 7 independent

Kommersant FM

“Недельная инфляция уже в третий раз подряд идет на исторический рекорд. С 21 по 27 апреля показатель оказался на уровне 0,05%. Экономик по итогам первых трех месяцев упала, ВВП и сократился на 0,3%.”

Komsomolskaya Pravda

“Автомобили в России подражали более чем в трое за 12 лет. Это данные аналитиков. Рост цен на авто оказался больше накопленной инфляцией за тот же период и причем почти вдвое.”

Radio Svoboda UA

“20 годин колонії строгого режиму. По версії следстві, вони убили по меншому міні 7 підчинених, записавших відео з жалобами на плохі услові служби і на то, що з них роблять пушечне місце.”

Komsomolskaya Pravda

“Экономист... Денис Рокша заявил... что автомобиль для россиянина с каждым годом становится все недоступнее. Рост три раза за 10 лет.”

Radio Svoboda

“выясняется, что Россия, конечно, наслаждается тем, что цены на удобрение сильно выросли. ... Россия, как я понимаю, удобрения не по санкции.”

Silver Rain

“Объем наличных денег в обращении увеличился в апреле на 607 миллиардов рублей. Как пишет РБК, это рекордный прирост с сентября 2022 года”

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