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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