Producer prices in Russia increased after 5 months of decline.

SyuzhetyRossiyskaya inflation in 2009 godu05.03.2009Inflyatsiya in February 2009 amounted to 1,7 protsentaTseny producer in Russia in February increased by 2.9 percent compared with January 2009, informs RIA Novosti with reference to the Rosstat data. Earlier, in August 2008, Rosstat recorded a steady decline in the prices of industrial products.
For example, producer prices in Russia fell by 5 per cent in September to 6.6 percent - in October, at 8.4 percent - in November, at 7.6 percent - in December and 1.8 percent - in January, recalled "Interfax".
Russian manufacturers have begun to reduce prices in September 2008 in connection with an international crisis, sharply reduce the demand for fuel and other commodities. In the fourth quarter of last year, prices of domestic producers collapsed at 20.9 per cent compared with the third quarter. A total of 2008 prices fell by seven per cent. A year earlier, prices, by contrast, grew by 25.1 per cent.
Because of the crisis are forced to reduce prices is not only the Russian manufacturers. For example, in U.S. producer prices in 2008 fell by 1.9 per cent. Until 2008, the last decline in the prices of American manufacturers to the end of the year, it was observed seven years ago.
Overall, inflation in Russia remains high. During the first two months of the year, inflation in Russia has exceeded four percent, significantly ahead of forecast of the government.