Russian central bank not seeing increase in proinflationary risks

Russian central bank not seeing increase in proinflationary risks
National flag flies over the Russian Central Bank headquarters in Moscow

MOSCOW (Reuters) – Russia’s central bank is not observing an increase in proinflationary risks, Deputy Governor Alexei Zabotkin said on Wednesday, a little over two weeks before the bank is next due to decide on rates.

Annual inflation in Russia slowed further in September, but consumer prices rose in month-on-month terms for the first time since May.

(Reporting by Elena Fabrichnaya; Writing by Alexander Marrow)

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