Central bank department sees January inflation at 8.7–8.9 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Central bank department sees January inflation at 8.7–8.9

MOSCOW, Feb 2 (PRIME) -- Annual inflation accelerated to 8.7–8.9% in January from 8.4% in December, the forecast department of the central bank said on Wednesday.

"Taking into account preliminary figures, January’s price increase will most probably be close to 1% on the month without seasonal adjustment (NSA, with a technical revision of the method of the Federal State Statistics Service),” the department said.

“This corresponds to an 8.7–8.9% annual inflation acceleration in January."

The opinion of the forecast department may differ from the central bank's official position.

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02.02.2022 19:30