Deflation in Russia to stay at 0,3-0,5% level in August

Deflation in Russia to stay at 0,3-0,5% level in August

Ministry of Economic Development of Russia expects that country's deflation will stay at the level of 0,3-0,5% in August, while annual inflation will slow down to 3,3-3,6%, the Ministry of Economic Development notes in its report.

In addition, the Central Bank of Russia expects inflation to be close to zero in August.

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