Cbank says Russia’s annual inflation slows down to 4.7% in June

MOSCOW, Jul 8 (PRIME) -- Russia’s inflation slowed down to 4.7% in June in annual terms from 5.1% in May, the central bank said in a statement on Monday quoting the Federal State Statistics Service.

The service is yet to publish its data officially.

On July 3, First Deputy Chairwoman of the Central Bank Ksenia Yudayeva said that the slowdown of inflation in June was triggered by a good weather, which accelerated harvesting of vegetables. The factor could continue in July but was a short-term one, she said.

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