Slow inflation is "covered" savings of Russians

Slowing inflation in Russia had a positive impact on the profitability of many savings instruments: in April, the real ruble rate of return to investors brought the depersonalized metal accounts, residential real estate, savings, cash savings in euros, and some mutual funds, according to RIA Novosti on Friday, May 6, with reference to the study by the Center for Macroeconomic Research and Strategic Studies (TSMEI) group of companies BDO in Russia. In April, continued their upward trend in gold and silver - real ruble yield of unallocated metal accounts in gold amounted to 4.27% in silver - 28.14. In annual terms, this indicator reached the mark of 12.44% and 132.34% respectively. Increased significantly and the stock prices of gold and silver. The price of silver in April, reached the mark of $ 49 per troy ounce, while gold - 1560 dollars per troy ounce. At the same time in early May, the trend changed dramatically after profit-taking began on silver. "Against the backdrop of the introduction of the New York Comex Exchange restrictions on speculative transactions and communications for the sale of gold Fund Soros Fund Management Commodity prices for precious metals fell. To date, the price of silver, established below a mark 35 dollars per troy ounce of gold dropped below $ 1500 per troy ounce, "- the study says. Despite a slowdown in inflation, the average yield of stock funds fell 5.42%, asset allocation fund - to 3.34%. At the same time showed the highest yield equity funds, the best result among them was 4.48%. The real ruble rate of return of bank deposits in April, largely influenced by many banks lowering interest rates on deposits. Real ruble yield showed only deposits in euros, which brought its investors 1.81% of income. In general, the average real rate of annual contributions by 15 largest banks (Sberbank, VTB 24, Bank of Moscow, Gazprombank, MDM Bank, Raiffeisen Bank, Agricultural Bank, Rosbank, Promsvyazbank, Uralsib, Alfa Bank, Trust, bank "Revival", the bank "St. Petersburg", "Orient Express Bank") on ruble deposits was 4.77% for deposits in dollars and euros - 3% and 3.26% respectively. For the first time since the beginning of the year the real ruble rate of return showed estate investment. This was promoted as an increase in cost per square meter in Moscow, and slowing inflation. Strengthening of the ruble against the dollar in April had a negative impact on the real ruble yield cash savings, which fell 3.65%. Cash savings in euros, on the contrary, they brought their owners 1,56% real ruble profitability.