Russian Inflation Stable At 6.5% in December

In December, Russia’s annual CPI edged up to 6.5 percent, unchanged from November. On a monthly basis, prices rose 0.5 percent, down from 0.6 percent in the previous month.
GKS | Nuno Fontes | nuno@tradingeconomics.com 12/31/2013 10:53:37 AM
On an annual basis, food products prices were up by 7.3 percent (down from 7.5 percent in December of 2012) and non-food goods rose by 4.5 percent (down from 5.2 percent). Services costs grew 8.0 percent (up from 7.3 percent).

On a monthly basis, food prices decelerated to 0.8 percent from 0.9 percent in the corresponding period of 2012 and non-food costs increased 0.2 percent (down from 0.3 percent). In contrast, prices of services accelerated 0.2 percentage points to 0.6 percent.

Russian Inflation Stable At 6.5% in December