Russian inflation decelerated for a second month, remaining almost four times the central bank’s target as expectations of faster price growth continue to throttle monetary easing.
Consumer prices increased 15.6 percent from a year earlier in October after a 15.7 percent gain in September, the Federal Statistics Service said in a statement Thursday. That matched the median of 20 estimates in a Bloomberg survey. Prices increased 0.7 percent in the month.
