BUSINESS● ELEVATEDSep 2 · Sep 2, 2026, 8:34 AM
Sharp rise in utility bills pushes Russia's inflation further off target
EuroNews [en] · eastern europe
The October increase follows a January rise and is the first double tariff hike in four years. The central bank warned it would push annual inflation further above its 4% target in an economy already squeezed by the costs of its war, sanctions and a 21% key interest rate.
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