What will rise in price from January 1, 2022 in Russia

2024 Author: James Gerald | [email protected]. Last modified: 2023-12-17 14:00

In the fall of 2020, opposition sites posted numerous forecasts about the rise in prices for food and essential goods. The population feverishly stocked up on strategic goods and raised the demand for them even more. The first law of the market: everything that is in demand will certainly find a counter offer in the form of an additional margin. In 2021, the whipping up of panic began with the beginning of the second half of the year. The opinions of experts and analysts about what will rise in price from January 1, 2022 in Russia are somewhat contradictory.

Apocalypse from RBC

The news agency claims to be competent in economic matters by publishing news from domestic and foreign forecasting agencies. Several publications, skillfully and tendentiously selected from provincial sites of dubious nature, provide the first answer to the question of what will rise in price from January 1, 2022 in Russia: clothes and shoes, which will rise in value by about 10% from the fall, and from January 2022, according to various sources, will grow by 15, 20 or 30%:

• Kazan first, with reference to retailers, announced on the last Monday of July a rise in prices due to higher transportation costs, land and sea, as well as due to the weakening of the ruble and due to the tendency to invest in store openings.
• Channel 31 of Chelyabinsk explained the reasons for the rise in the cost of clothing and footwear by the rise in the price of cotton, which, according to retailers, will inevitably lead to a mark-up on pants and T-shirts.
• Irkutsk The media assure the population that a rise in prices is inevitable after the elections are over.
• The Moscow site gives objective reasons - the rise in prices for imported fabrics, down, accessories and the cost of shipping.

Interesting! What will change from January 1, 2022 in Russia

RBC itself does not draw any conclusions, it simply refers to Rosstat data that in the summer, footwear and clothing rose in price at the beginning of the season by 4%. The seasonal rise in price is natural: entering the market with new collections, companies are trying to quickly recover the costs incurred.

Some experts and company leaders are confident that prices can be kept at the same level with some effort at the expense of quality, and not all consumers will notice this. There are also sane producers who are sure that in the face of falling incomes there is no point in raising prices that are already high. After all, this will scare the buyer away, redirect him from high-quality products to middle-class goods.

Save money

As a counterbalance to the inflated excitement, favorable forecasts are also given. For example, the head of the Department of World Economy at NSLU. R. Ya. Vakulenko is sure that this year it makes no sense to buy some things, even if they are necessary, and there is already money to buy them. This is not an answer to the question of what will rise in price from January 1, 2022 in Russia, but a forecast of democratization of prices for some goods in the housing, construction markets, electronics and even food products. As for the rise in price, objective prerequisites are needed, but it is logical to assume that trends can move in opposite directions:

• Foodstuffs in most cases have risen in price due to spontaneous acquisition. People lost the ability to look for outlets with low prices, they were chained to the delivery or the nearest store. Prices at retail outlets also jumped due to the desire to buy for future use in order to save money or leave the house less.
• Imported goods will fall in value if the ruble strengthens. Experts speak about such a possibility, confident in its underestimation and in the inevitable weakening of the dollar-ruble pair.
• Gadgets of this year will fall in price, because manufacturers will exhibit new models. For the same reason, smart glasses and watches from the current year will fall in price: new ones will be more expensive, but with more powerful functionality.
• It's worth waiting until 2022 to buy an electric car, a studio apartment, wireless headphones, and foldable phones. In addition to odnushki, a reduction in price will come because a new competing category of goods will appear. People with an average income who do not pretend to be exclusives from boutiques and company stores will be able to buy things at an adequate cost.

In the conditions of a spontaneous market, a capitalist economy, all confident forecasts on the topic of what will rise in price from January 1, 2022 in Russia can be 100% plausible, provided that they are enshrined in regulatory or legislative acts, and these are not products and goods, and taxes, utilities, overhaul or garbage disposal. They may be included in the list of price increases, but this will finally be known only after the government (federal or local) fixes the trend for 2022.

Approximate trends

These trends are poorly predictable, at least against the background of the announcement of a new type of currency - the digital ruble, which will eventually become a means of payment along with paper money and bank transfer. So far, this is only an experiment that is being carried out in several banks, but what impact it can have on economic processes is unknown, as well as in which market segment will be in demand.

Professional analysts rarely give an unambiguous answer in one direction or another, because the market is spontaneous, it is influenced by external and internal factors.

The list that will rise in price from January 1, 2022 in Russia includes real estate and cars. But, if you read the analysis from competent experts, it turns out that not everything is so simple. A gradual reduction in the cost of secondary housing is expected, but the cost of new buildings has already risen, because imported building materials have risen in price and there has been a stir around a short program with preferential interest rates on mortgage loans. It was running out, and people rushed to buy in order to pay less.

Extending the program on the same terms can increase demand, and even a slight rise in price can reduce demand. The developer will raise prices in order to minimize losses from downtime of an already finished home. Another factor is intermediary firms that buy houses and sell apartments. They are interested in rising prices because that is their only profit. A decrease in the price of premium-class housing is expected, this is associated with a drop in the income level of the population.

The picture is similar in the automotive market. Foreign-made luxury cars will rise in price due to customs clearance, and new domestic cars may fall in price against the background of the state support program. Used cars can rise in value because they don't have to pay transport and luxury taxes. These are objective processes of a spontaneous market, for the regulation of which there are no effective price regulation mechanisms in the country. The same situation has developed in many countries of the world due to the economic crisis caused by the global pandemic.

Outcomes

In Russia, an increase in prices for cars, utilities, food and essential goods is predicted. The central bank assures that in 2022 inflation will drop to the usual 4%. Some goods traditionally rise in price at the beginning of the season and fall in value by the end of the season, but there is no point in talking about a total rise in price - much depends on the market conditions. Taxes and housing and communal services will grow if the appropriate decisions of local and federal authorities are adopted.