Russian Inflation Stable At 6.5% in December


In December, Russia’s annual CPI edged up to 6.5 percent, unchanged from November. On a monthly basis, prices rose 0.5 percent, down from 0.6 percent in the previous month.

On an annual basis, food products prices were up by 7.3 percent (down from 7.5 percent in December of 2012) and non-food goods rose by 4.5 percent (down from 5.2 percent). Services costs grew 8.0 percent (up from 7.3 percent).

On a monthly basis, food prices decelerated to 0.8 percent from 0.9 percent in the corresponding period of 2012 and non-food costs increased 0.2 percent (down from 0.3 percent). In contrast, prices of services accelerated 0.2 percentage points to 0.6 percent.

Russian Inflation Stable At 6.5% in December


GKS | Nuno Fontes | nuno@tradingeconomics.com
12/31/2013 10:53:37 AM