Russian Inflation Rate Accelerates in November

In November of 2013, Russia’s annual CPI edged up to 6.5 percent, from 6.3 percent in October. On a monthly basis, prices rose 0.6 percent, the same rate recorded in the previous period.

The annual inflation rate accelerated in November for the third consecutive month. Inflation a year ago was recorded at 6.5 percent. 

From October to November, food prices decelerated to 0.9 percent from 1.1 percent in the previous period and non-food cost increased 0.4 percent (down from 0.5 percent in the previous month). In contrast, prices of services accelerated to 0.2 percent, after falling 0.1 percent in October.

Core CPI rose by an annual 5.6 percent, up from 5.5 percent a month earlier.

Russian Inflation Rate Accelerates in November

Joana Taborda |
12/5/2013 11:50:45 AM