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.
” RUSSIA INFLATION AT 2.7% IN OCTOBER 2017 “
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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