The second increase this year comes amid persistent inflationary pressure, according to the regulator The Bank of Russia has raised its key interest rate from 18% to 19%, citing persistent inflationary pressures. Domestic demand continues to exceed the economy’s capacity to produce goods and services to meet it, the regulator said in a statement on Friday.   Inflation is expected to be above the bank’s July forecast of 6.5-7.0% this year, the statement added. The increase in consumer prices

Tag-uri: Inflatie