Macro Analysis /
Russia

Russia: CPI inflation edges up to 5.8% y/y in March

    EmergingMarketWatch
    7 April 2021
    • This is in line with expectations and provides argument for another 25bp key rate hike
    • Services price growth quickens, underpinned by rising demand amid easing covid restrictions
    • Food price growth edges down due to slowing fruit and vegetable price increase