The Central Bank announced the growth of annual inflation in Russia to 12.7%

This is stated on the website of the regulator.

“In November, the annual growth rate of consumer prices amounted to 12.0% (after 12.6% in October).

As of December 12, annual inflation increased to 12.7%, taking into account the indexation of utility tariffs postponed from July 2023,” the statement says.

Earlier, the Central Bank of Russia called the current inflationary pressure moderate.