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Cbank: Russia’s trend inflation speeds down to 4.88% in July

MOSCOW, Aug 11 (PRIME) -- Russia’s trend inflation calculated for a five-year interval decelerated to 4.88% in July from 4.91% in June, the central bank said in a statement on Wednesday.

The estimate for a three-year interval increased to 5.32% from 5.3%.

The central bank’s monetary policy will push inflation down to 4–4.5% in 2022 and stabilize it near 4%.

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11.08.2021 19:36