MOSCOW, Nov 6 (Reuters) - Shopper inflation in Russia is seen accelerating to 4.1-4.2% in November,
MOSCOW, Nov 6 (Reuters) – Shopper inflation in Russia is seen accelerating to 4.1-4.2% in November, climbing above the central financial institution’s 4% goal on the again of the rouble’s latest weakening, the economic system ministry stated on Friday.
In month-on-month phrases, inflation is seen at 0.4% in November.
In October, Russia’s annual inflation picked as much as 4% from 3.7% in September, which in principle could restrict the room for additional financial coverage easing.
(Reporting by Darya Korsunskaya; Writing by Andrey Ostroukh; Enhancing by Catherine Evans)
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