Economic news
Russian central bank not seeing increase in proinflationary risks
2022.10.12 05:00
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© Reuters. FILE PHOTO: National flag flies over the Russian Central Bank headquarters in Moscow, Russia May 27, 2022. REUTERS/Maxim Shemetov
MOSCOW (Reuters) – Russia’s central bank is not observing an increase in proinflationary risks, Deputy Governor Alexei Zabotkin said on Wednesday, a little over two weeks before the bank is next due to decide on rates.
Annual inflation in Russia slowed further in September, but consumer prices rose in month-on-month terms for the first time since May.
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