Thursday, July 5, 2007

Russian Consumer-Price Growth Acceleraqted 1 Percent in June on Food Costs

(Bloomberg) -- Russian consumer prices rose 1 percent
in June from the month before, the Federal Statistics Service
said, confirming yesterday's comments by central bank Chairman
Sergey Ignatiev.

Monthly consumer-price growth accelerated from 0.6 percent in
May on food prices, the Moscow-based statistics office said in an
e-mailed statement today. The median forecast of 17 economists
surveyed by Bloomberg was for a 0.6 percent rate.


Read more at Bloomberg Emerging Markets News

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