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Emerging Europe Economics Update

Emerging Europe Economics Update

Too soon to cry victory in Russia's inflation battle

Aside from a recent drought-related rise in food prices, our forecast that Russian inflation would fall sharply this year has played out as we expected. But while underlying price pressures should remain modest over the next year or so, it is far too soon for Russia to claim victory in its long-running battle with inflation.

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This article is tagged with the following subjects: Emerging Europe, Inflation, Macro-economics, Russia
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