Tag Archives: Rosstat

The Bank of Russia announced on Friday that it left the policy rate unchanged at 20% as expected. “Will take into account actual and expected inflation movements relative to the target and economic developments over the forecast horizon.” “Will take into account risks posed by domestic and external conditions and …

Russia’s inflation, in November, is climbing to 8.4%, touching its highest reading in about six years according to the Rosstat national statistics service’s statements on Wednesday. Prices have risen over the last 18 months as the economy emerges from the coronavirus slowdown, and Russia’s Central Bank has hiked interest rates …