In August 2014, consumer prices increased by 0.2% on average in Moscow, decreased by 0.1% in St. Petersburg, against Russia's average headline inflation rate of 0.2%, the Federal State Statistics Service reported.
Since the start of the year, the inflation rate reached 5.9% in Moscow and St.Petersburg, 5.6% on average in Russia.
In August, average consumer prices of goods and services grew by 0.6% or more in 14 federal subjects. The highest price growth rate of +1.1% was in the Sakha Republic / Yakutia, mostly due to more expensive services (+1.8%) and alcoholic beverages (+1.6%).
At the same time, consumer prices decreased in 12 federal subjects, most of all in the Republic of Kalmykia (-0.5%) due to a reduction in food prices by 1.7%