Bank of Russia expects consumer price growth in coming months

TASS Russian News Agency | Sep 7, 2022 at 8:33 PM

MOSCOW, September 7. /TASS/. Current growth rates of consumer prices will accelerate in coming months with the seasonal adjustment, the Bank of Russia said.

"Certain price indicators characterizing the most stable trends in price evolution (in particular, the median, trend inflation, the share of consumer basket components with prices growing above 4% in annual terms) and inflation expectations of households remaining elevated highlight a certain increase in the inflation pressure," the regulator said.