Cbank: Russia’s trend inflation speeds up to 5.88% in November

MOSCOW, Dec 10 (PRIME) -- Russia’s trend inflation calculated for a 5-year interval accelerated to 5.88% in November from 5.66% in October, the central bank said in a statement on Friday.

The estimate for a 3-year interval increased to 6.51% from 6.27%.

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

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