Inflation speeds up in November
18 December 2023
News
Annual inflation increased to 7.5% in November from 6.7% in October. Seasonally adjusted month-on-month price growth sped up owing to a material increase in prices for specific goods and services traditionally prone to frequent and noticeable price fluctuations. Persistent inflationary pressures were still elevated.
According to the Bank of Russia’s forecast, annual inflation as of the end of 2023 will come closer to the upper bound of
More details are available in the information and analytical commentary Consumer Price Dynamics.
Preview photo: Andrey Perechitskiy / TASS