December: Russian inflation unexpectedly slows - Business & Finance
MOSCOW: Russia’s annual rate of inflation unexpectedly slowed in December after ticking up continuously for seven...
Stay updated with breaking news from Russian Inflation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
MOSCOW: Russia’s annual rate of inflation unexpectedly slowed in December after ticking up continuously for seven...
Russian inflation could hit 5.6% this month, the nation's own economists forecasted.
Inflation in Russia rose to 5.15% in August, well-above the central bank's 4% inflation target.
Russian inflation has soared to an extreme level of 60%, compared to the official figure of 3.6%, thanks to a plunge in the ruble, according to top economist Steve Hanke.
Inflation accelerated sharply as the currency fell to an all-time low and amid signs of increased demand for a wide range of goods, from food staples to cars, on expectations that their prices will rise further.