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CPI monitor: Cucumbers coming to the fore

Name: 24/11/2022. Gazprombank: CPI monitor: Cucumbers coming to the fore
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

24/11/2022 | Gazprombank

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Inflation accelerated to 0.11% WoW over the November 15-21 period, exceeding last week’s reading (0.06%). The acceleration of price growth for a second week was again driven by volatile components – vegetables and airfares. Stable components of inflation remain low. We expect the CBR to keep the key rate unchanged at the current level of 7.5% until year end.

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