CoinVoice has learned that, according to reports from Jinshi, the latest weekly data released by the Russian Federal State Statistics Service on Wednesday showed that the CPI in Russia rose by 0.33% for the week ending December 23, bringing the inflation rate for the year to 9.5%.

Before the release of the above data, the Central Bank of Russia unexpectedly decided last week to keep the key interest rate unchanged at 21%. The regulatory agency stated that the recent tightening policies have created favorable conditions for lowering the inflation rate to the target of 4%. Andrei Gangan, head of the monetary policy department of the Central Bank of Russia, stated that the annual inflation rate in Russia will be between 9.6% and 9.8%. [Original link]