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Reuters
Russian weekly consumer prices rise for first time since May
Weekly consumer prices in Russia rose for the first time since May, data published on Wednesday showed, less than two weeks after the central bank hinted at the end to its monetary easing cycle and following weeks of declining retail prices. Russia’s consumer price index rose 0.08% in the week to Sept. 26, after 11 consecutive weeks of decline, the Rosstat federal statistics service said. Annual inflation slowed to 13.71% as of Sept. 26 from 13.92% a week earlier, the economy ministry said.