Episodes of sharp price increases for goods much malaysia telegram data longer than periods when prices for these goods fell. For example, no one today will remember that both eggs and chicken became cheaper in 2022, and in 2019, and in 2017. And over 10 years, the price increase for both was only slightly higher than overall inflation. Even after last year’s sharp increase.
And it will certainly come as a big surprise to many to learn that potato prices have barely changed over the past ten years. The average increase was less than 1% per year. But within this average there is not only a 57% surge in 2020 (many remember that), but also a 32% decline in 2022 and another 16% in 2023 (many have either already forgotten about that or will soon forget about that). So it is this subjective feeling that shifts our perception of inflation upward. As a result, it seems to us that prices are rising faster than we are told.
Moreover, such feelings are characteristic not only of Russia. It is the same in other countries.
Why the ruble exchange rate cannot be fixed
— The ruble exchange rate. Let’s move on to it. It has been riding on roller coasters and even Chinese roller coasters for two years. Up, down, up again. Why did this happen?
Let’s start from scratch here too
A floating exchange rate of the national additional inbound17 session takeaways currency is a mechanism that allows the economy to adapt more quickly to changes in external conditions — in exports, imports, Russians’ demand for foreign currency, and foreign investors’ demand ao lists for Russian assets. The more significant the upheavals there, the more the exchange rate changes. It’s like with ripples on the water — a large boulder creates much larger waves than a small pebble.