Business · Economy · 6 hrs ago

Russian inflation rose 0.12% in the week to November 9

Russian inflation rose 0.12% in the week to November 9

Consumer prices in Russia rose 0.12% in the week to November 9.

Food prices climbed 0.34%, while non-food prices edged down 0.06%.

Vegetables drove much of the food increase, with cucumbers up 9.4% and tomatoes up 3.7%; apples became cheaper.

Annual inflation was estimated at 6.98% as of November 9, and prices had risen 6.33% since the start of the year.

The annual figure may change when Russia’s statistics agency publishes final October data on November 13.

The central bank said inflation was near 7% in October, while seasonally adjusted price growth picked up in the third quarter compared with the second.

These figures matter because they show how quickly the cost of everyday goods and services is rising.

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