Russia’s inflation slowdown cannot yet be seen as sustainable – cenbank

FILE PHOTO: National flag flies over the Russian Central Bank headquarters in Moscow

(Reuters) – The slowdown in Russia’s consumer price growth cannot yet be regarded as sustainable, the country’s central bank said in its review of trends on Thursday.

Consumer price growth in Russia may speed up again as one-off disinflationary factors fade, the central bank said, adding that the balance of risks remains tilted towards the pro-inflationary side.

(Reporting by Reuters; editing by Chizu Nomiyama)

Reuters

Related posts

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud

Phil Murphy beefs up security for lawmakers after Tim Walz appointee goes on shooting spree in Minnesota