Russia’s inflation keeps pace in November, private sector experiences a slight upturn: Macro snapshot

Arab News | Dec 30, 2021 at 3:03 PM
  • Annual inflation rate in Russia hit 8.39 percent in November, virtually unchanged from the previous month’s 8.4 percent, data from the country’s Federal State Statistics Service showed.
  • In monthly terms, the inflation rate decelerated slightly to 0.82 percent in November from 0.96 percent in the previous month.
  • The rate of cost inflation also spiked as manufacturers and service providers faced higher input prices.