Central bank: Russia’s trend inflation slows down to 5.42% in June

MOSCOW, Jul 10 (PRIME) -- Russia’s trend inflation decelerated to 5.42% in June from 5.55% in May thanks to a shift in the balance of temporary inflationary factors to the disinflationary side, the central bank said in a report on Wednesday.

Trend inflation shows that inflationary pressure on the consumer market is at a level close to the inflation target of 4%, the regulator said.

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