Cbank: Russian CPI to decelerate to 8.3–8.7% Feb, risks persist

MOSCOW, Feb 12 (PRIME) -- Russia’s consumer price index (CPI) will slow down to 8.3–8.7% on the year in February but risks that it will jump later are still there, the central bank said in a statement Friday.

According to the central bank, the recent trade restrictions with Turkey have not hurt Russian consumer prices.

“Nevertheless, these inflation risks have remained. In particular, inflation expectations of people are still high due to economic uncertainty,” the authority said.

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