Russia’s inflation reaches 9.5% this year, weekly data shows By Reuters

The agency suggested that seasonally unpredictable prices for vegetables and fruit added significantly to the general boost, with cucumber costs increasing by 8.3% and tomato prices by 1.9% in just one week.

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This data follows the reserve bank’s unanticipated decision recently to preserve its crucial rate of interest at 21%. The regulator stated current firm has actually produced problems conducive to decreasing rising cost of living towards its target of 4%.

MOSCOW (Reuters) – Russia’s rising cost of living has actually reached 9.5% this year, according to new once a week data showing that the customer price index climbed by 0.33% in the week leading up to Dec. 23, the statistical company Rosstat reported on Wednesday.