The growth in the cost of flowers by September 1 can reach 15% By September 1, the cost of flowers may increase by almost 15%, TASS writes citing industry experts. Previously, prices for this product have already been rising. In the second and third quarters of 2022, due to the increase in the price of fertilizers, their cost increased by almost 20%. But, if you look at … Read more

The cost of home renovation in Russia has increased by 30% over the past year

The rise in repair prices is largely due to the rise in price of building materials. So, the cost of furniture increased from 15 to 80%, and finishing materials – by 10-15%. Some cost estimates have doubled in price, including the installation of technical lighting. .

Stroycontrol is exempted from standards // The Ministry of Construction updates the rules for its implementation

The Ministry of Construction has prepared a draft updated rules for conducting construction control – a mandatory procedure for assessing the compliance of work during construction and overhaul with technical regulations and project documentation. These rules have not been updated since 2010 and are partially outdated. The new version implies a departure from the cost … Read more

The Central Bank will allow to raise prices for OSAGO by 26% due to an increase in the price of spare parts

The Central Bank is going to expand the corridor of the basic OSAGO tariff by 26% in both directions for light transport. The base rate will be set by insurers individually in the range of 1646–7535 rubles. For public transport, the tariff will expand by 17.8% in both directions. The measures are associated with a … Read more

The Ministry of Finance proposed to increase the severance tax for Gazprom against the backdrop of a rise in gas prices

The Ministry of Finance has prepared amendments to the Tax Code on the establishment of a temporary allowance for the mineral extraction tax on natural gas produced in Russia. Thanks to this, Gazprom will have to pay an additional 416 billion rubles, Interfax reports with reference to the document. Amendments will be made to Art. … Read more

Preferential mortgages returned in February

The authorities are returning the interest rate on preferential mortgages for new buildings to the February level, reducing it from 9% to 7% per annum – apparently, this is the biggest economic news of the SPIEF that ended on Saturday. The measure is necessary in order to long-term support the demand for housing, which has … Read more

UAE Ministry of Energy expects “unprecedented” oil prices if Russia withdraws from the world market

Federal News Agency Oil prices will reach “unprecedented” levels if Russian energy resources disappear from the world market due to a supply ban. This was stated by the Minister of Energy of the United Arab Emirates Suheil al-Mazroui to Bloomberg. At the moment, prices are far from the peak, he said. However, if demand recovers … Read more