Price growth remains moderate in November
19 December 2022
News
Annual inflation fell again, to 11.98%. Moderate demand and a strong harvest made the annual increase in goods prices slow down more appreciably. The annual growth in services prices decreased less under the influence of one-off factors in the tourism and air travel markets.
Concurrently, the indicators of stable price movements are showing the first signs of an increase.
The current monetary policy stance will pave the way for a further decline in inflation to
More details are available in the new issue of the Bank of Russia’s information and analytical commentary Consumer Price Dynamics.
Preview photo: StanislavSukhin / Shutterstock / Fotodom