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Russia’s inflation slowdown cannot yet be seen as sustainable

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© Reuters. FILE PHOTO: Nationwide flag flies over the Russian Central Financial institution headquarters in Moscow, Russia Might 27, 2022. REUTERS

(Reuters) – The slowdown in Russia’s shopper value development can’t but be considered sustainable, the nation’s central financial institution mentioned in its evaluate of tendencies on Thursday.

Shopper value development in Russia could pace up once more as one-off disinflationary components fade, the central financial institution mentioned, including that the stability of dangers stays tilted in the direction of the pro-inflationary aspect.

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