Russia Annual Inflation at Below 3% in October-November 2017

Moscow | 7th December 2017

2017 October–November saw inflation drop below 3% while households’ inflation expectations reached the all-time minimum. Core inflation readings also stabilised at low levels.


At the same time, expectations are reasonably high that some acceleration in consumer prices is possible relative to their current reading, with inflation stabilising around 4% in 2018–2019.

Official Press Release by Bank of Russia

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