It's about excise taxes. Starting from May 1, 2024, the rate for regular wine will increase Federal Law No. 539‑FZ dated November 27, 2023 "On Amendments to Parts One and Two of the Tax Code of the Russian Federation, Certain Legislative Acts of the Russian Federation and Invalidation of Certain Provisions of Legislative Acts of the Russian Federation" from 34 to 108 rubles per liter, for sparkling wine — from 45 to 141 rubles. Which, of course, will affect the price.
The excise tax on other alcohol will also increase, but less significantly — by only 24-30 rubles.
Due to changes in excise rates Federal Law No. 539‑FZ dated November 27, 2023 "On Amendments to Parts One and Two of the Tax Code of the Russian Federation, Certain Legislative Acts of the Russian Federation and Invalidation of Certain Provisions of Legislative Acts of the Russian Federation" everything that can be smoked legally will also become more expensive. This will most significantly affect vaping liquids: for them, the rate will increase from 20 to 42 rubles per 1 milliliter, that is, more than 2 times. Excise taxes will also be raised for tobacco and cigarettes, but not so dramatically.
Housing and communal services ‑ gas supply, hot and cold water supply, sewerage, heating, electricity and garbage collection — have traditionally become more expensive since July 1. How much is decided by the regional authorities. But the government defines a percentage growth framework for them.
The minimum average growth index is set for 2024 Decree of the Government of the Russian Federation dated November 10, 2023 No. 3147‑r
According to Denis Egorov, CEO of the Lazurit furniture company, the cost of furniture in Russia increased by more than 15% by the end of the year — this was felt by all manufacturing companies. Raw material prices have been stable for many months, but since the autumn of 2023, a wave of price increases in the range of 7-10% has begun.
This is due to many factors that we cannot change. We try to conclude long-term contracts with suppliers in order to fix the cost, but it is unlikely to be possible to avoid a rise in the price of furniture in 2024. At the same time, large retailers try to keep prices at the same level for as long as possible, and also regularly offer promotions and discounts for customers of retail chains and online stores.
On December 15, 2023, the Central Bank raised the key rate again, this time to 16% The Bank of Russia has decided to raise the key rate by 100 bp, to 16.00% per annum / Central Bank . And there is no reason to think that it will not continue to grow. This means more expensive loans for banks and, as a result, for consumers.
According to Marcel Akhmetshin, CEO of the HOMEWAY real estate agency, both apartments and suburban real estate will rise in price in 2024.
Prices for apartments in new buildings, according to our forecasts, will rise by 15-30%. Demand will grow, as many will want to take advantage of preferential mortgage programs until the government terminates them — before July 1, 2024. Real estate prices in this segment depend on the Central Bank's key rate (which determines the amount of interest rates on loans), existing preferential mortgage programs, the dollar and euro exchange rates (they affect the cost of materials and logistics), as well as demand.
Country houses and land plots can expect a similar price increase for the same reasons. In addition, many people work remotely, dream of living closer to nature, and infrastructure development turns suburban real estate into a good alternative to expensive urban housing.
Apartments on the secondary market, according to Akhmetshin, will rise in price by 5-10%. In the second half of the year, experts observed a certain outflow of demand from the secondary market to the market of new buildings. This was due to the same increase in the key rate: people understood that they would not be able to pay off the mortgage on new terms, and paid attention to new buildings as the most secured state support offer.
According to Evgeny Buyanov, a researcher at the Department of Innovation Economics at Lomonosov Moscow State University, tensions in global supply chains and an increase in demand for semiconductors can provoke an increase in prices for electronics, including smartphones, laptops and even automotive components.
But there are other reasons.
Prices for household appliances, electronics and spare parts have been increasing for two years. Continued growth will be due to the fact that most importing companies will run out of contracts with suppliers, and they will be extended on new terms.
In addition, discussions are ongoing Collective statement: manufacturers warned about the rise in price of electronics / Izvestia on increasing the eco-collection by 2 times and from 15 to 25% of the recycling standard, which may also affect prices in the case of commissioning.
Technological progress gives us not only new opportunities, but also other prices.
Given the growing investments in digital technologies and the increasing cost of maintaining these infrastructures, we expect an increase in the cost of subscriptions to streaming services, cloud storage and software as a service (SaaS).
Due to the rising prices of cocoa beans and the costs associated with the production of chocolate, the cost of this product may increase. Confectioners expect an increase Manufacturers have warned about the rise in chocolate prices due to the rise in the price of cocoa / RBC by 15-20%.
