The inflation level in Russia is expected to reach 14 percent in 2008. For people in the least well-off positions, however, the price increase might amount to as much as 25 percent, the consulting company FBK believes, B-port.com reports. The trend could reverse the last years’ decrease in the number of poor in Russia. While 18,9 million Russians in 2007 were categorized as poor the number in 2008 might increase to 20 millions. The price increase on food stuff has been higher than on other products leaving poor people in an especially vulnerable position. Over the last six months, price increase on essential food stuffs has increased with 20,6 percent. Also in 2007, the inflation on food was far above the national inflation level – the food stuff became 22,6 percent more expensive.
