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Upside CPI & PPI Prints Reinforce Concerns about Inflation Spike; CBR May Proceed With Caution

RUSSIA
  • CONSUMER PRICES RISE 0.2% IN WEEK DEC. 8-14- YEAR-TO-DATE
  • CONSUMER PRICES RISE 4.5% THROUGH DEC. 14 - bbg
  • NOV. PRODUCER PRICES RISE 2.4% Y/Y; EST 1.9%- NOV. PRODUCER PRICES RISE 1.0% M/M; EST 0.6%
  • Higher prints should reinforce concerns about short-term inflation spike
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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