Report

Russian Macro – Falling Inflation to Pull Key Rate Down

Alexander Kudrin, Evgeny Gavrilenkov

GK EM Analytica
September 6, 2019

Rosstat reported that the YTD inflation reached 2.4% as of September 2, which is already lower than the cumulative inflation over the same period in 2018. In August a 0.2% m-o-m deflation was recorded implying that the cumulative inflation remained at zero in the summer months....

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