Russian Shoppers Get Inflation Respite as Ruble Effect Looms

  • Annual price growth at 9.8% last month, lowest since 2014
  • Renewed ruble weakness on oil drop limits room to cut rates

Russian inflation was the slowest last month since 2014, offering consumers a break from more than a year of double-digit price growth before the effects of renewed ruble weakness ripple through the recession-hit economy.

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