Elvira Nabiullina said the acceleration of price growth during the summer months was driven primarily by the fuel market situation

According to Olga Belenkaya, head of macroeconomic analysis at Finam Financial Group, factors supporting a pause include the fuel situation, persistently high inflation…

Russia’s Central Bank kept its key interest rate at 14% on Friday, saying that rising fuel costs, driven by Ukrainian drone attacks on oil refineries, and a “temporary reduction…