Russia: Inflation jumps to over five-year high in November
Consumer prices rose 0.96% from the previous month in November, coming in below the 1.11% rise recorded in October.
Inflation ticked up to 8.4% in November from October’s 8.1%. November’s figure represented the highest inflation rate since January 2016. Annual average inflation rose to 6.4% in November (October: 6.1%). Finally, core inflation rose to 8.7% in November, from October’s 8.0%.