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. Last Updated: 07/27/2016

Moscow Prices Inflate




MOSCOW -- The average monthly income in Moscow is much higher than in the rest of Russia f but so is inflation.


In February, according to the State Statistics Committee, the average per-capita income in Moscow amounted to 4,902 rubles ($204) a month, compared with 1,225 rubles ($51) nationwide.


But in the first quarter of 1999, inflation on consumer goods was 21.3 percent in Moscow and 16 percent for the nation as a whole.


From Jan. 1 to March 31, the price of foodstuffs rose 24.4 percent in Moscow and 18.3 percent nationally; the price of consumer goods rose 19 percent in the city, 14 percent nationally; and services went up 13. 7 percent and 9.5 percent.