Russia's weekly consumer prices went up more quickly at the end of March
According to data from state statistics service Rosstat, Russia's weekly consumer prices went up more quickly at the end of March. Russia's central bank held the key interest rate at 7.5% last month, maintaining a hawkish stance as a widening budget deficit and labor shortages pose ongoing inflationary risks. The bank said rate hikes were more likely than cuts this year.
Consumer
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