Inflation destroys the contributions?

The heat caused a rise in prices and made unfavorable placement of free funds to deposits. In life, everything is interconnected. Any event that occurred at the other end of the earth, quickly has an impact on the situation in Russia. What to say about the sun, which directly influenced the rise in prices due to the large crop failures, which will bring together approximately 60 million tons instead of the planned 97 million tonnes. As a result, increasing the degree of temperature led to a price increase in prices and product panic in society. Ministry of Economic Development announced the adjusted forecast of inflation in 2010 - he was raised from 6-7% to 7-7,5%. Also, in 2011 planned increase in the overall price increase with 5,5-6,5% to 6-7%. This means that people lose the ability to save the accumulated funds in bank deposits. If in the past year, people are free to share your money on deposit at 15-17% annually, while today the interest rates have fallen to 6-9%. Counters on the site, fixing rates of most banks in Russia, indicate the average rate of deposits in rubles at the level of 7.07%, 3.48% in dollars and euros, 2.24% per annum. Should take into account that the official "government" inflation is just the tip of the iceberg - the real rise in prices of food and essential items every year from 10 to 15%. Thus, we can confidently state the devaluation of savings. If you look at the site of Sberbank, it is easy to find suggestions on placement of deposits under 0,01-6% per annum. This is less than inflation, so no sense investing their savings in the largest bank in the country. However, if you consider the proposals of other financial institutions, it still has a chance to have time to save money At least from the official inflation rate. Here is an example of the most profitable deposits in banks: "Rosenergobank" - 10,4%, Smolensky Bank - 11,5%, "RenessansKredit" - 10,35%, TransCreditBank - 10,2% (when placed on 1,098 days ), "Orient Express Bank - 9.3% Bank" Soviet "- 10%, Tinkoff. Credit Systems - 12%, "Bean Bank - 9.8% per annum. Given the trend of rapid decline in deposit rates, we recommend to choose to replenish your deposit for a period of 2-3 years. So you'll be protected from the reduction of interest on this period and can possibly accumulate funds for the fixed rate. If this situation changes in a positive way, then one year when you will be charged interest, can close the account and choose the better offer. Despite the relative disadvantage of deposits, banks continue to be a reliable tool if not for profit, but keep their savings at a level close to the inflation target.