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CPI Ticks Higher - Reinforcing CBR's Hawkish Stance

RUSSIA
  • RUSSIAN YEAR-TO-DATE CONSUMER PRICES RISE 4.9% (vs 4.7% prior) THROUGH DEC. 28
  • RUSSIAN CONSUMER PRICES RISE 0.2% IN WEEK THROUGH DEC. 28
  • Substantial weekly pickup will be noted by the CBR and add to hawkish rhetoric until the spike subsides (forecast to decline after 1Q21)
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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