Post sponsored by NewzEngine.com

MIL OSI Translation. Region: Russian Federation –

Source: Central Bank of Russia – Central Bank of Russia –

Annual inflation fell slightly in December to 7.4 from 7.5% in November. Seasonally adjusted price growth compared to the previous month also slowed down. Both the sustainable component of price growth and the contribution of one-time factors decreased. Despite the slowdown, persistent inflation pressures remained high.

According to the forecast of the Bank of Russia, taking into account the current monetary policy, annual inflation will drop to 4.0–4.5% in 2024 and will be close to 4% in the future.

Read more in the information and analytical commentary of the Bank of Russia “Dynamics of consumer prices”.

Preview photo: Stock-Asso / Shutterstock / Fotodom

Note; This information is raw content directly from the source of the information. This is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

MIL OSI News (multilanguage service)