To read further, please register free and login
[s2If !current_user_can(access_s2member_level1)][lwa][/s2If] [s2If current_user_can(access_s2member_level1)]

Market Update: Russia Inflation Rate Quickens to Near 5-Year High
Consumer prices in Russia jumped 6.0 percent in May of 2021, following a 5.5 percent increase in the previous month and rose faster than market expectations of a 5.8 percent hike. The latest reading remained well above the central bank’s 4% target and it was the highest inflation rate since October of 2016, mainly driven by prices of food (7.4 percent), non-food products (6.7 percent), and lastly, services (3.3 percent). On a monthly basis, consumer prices went up 0.7 percent, following a 0.6 percent advance in April and compared to forecasts of a 0.6 percent rise. source: Federal State Statistics Service [/s2If]
Join Our Telegram Group