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World

Russian economy ministry sees inflation slowing to 4.5-4.6pc in July

Published July 8, 2019 Updated July 8, 2019 08:51pm
1 min
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By Fawad MaqsoodReuters
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The slowdown in inflation from 5.1pc in May pointed to weak demand in the Russian economy, the ministry said after the data was released by the Federal Statistics Service.

The central bank targets annual consumer inflation at 4.0pc.

Copyright Reuters, 2019

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