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Coming Months May See Rise in Inflation, Says Russia Central Bank

  • As per reports, the Russian central bank on Friday said that the annual food price inflation in the country may increase in the coming months; however, a fast overall inflation is not likely to take place.

    In a monthly report on consumer prices, the bank mentioned that inflation fell to 4.1% in April. The monetary policy would help in keeping inflation close to the bank's target level of 4%.