The Central Bank said that "inflation is developing above the forecast of the Bank of Russia."

It is noted that "in August, the monthly seasonally adjusted growth rates of consumer prices rose again after a slowdown in July."

“Annual inflation increased to 6.68% (after 6.46% in July) and, as of September 6, amounted to 6.74%.

The indicators reflecting the most stable processes of price dynamics, according to the Bank of Russia estimates, continue to be significantly above 4% in annual terms, ”TASS reports.

Earlier it was reported that the Central Bank of Russia decided to raise the key rate to 6.75%.