Russia's Monthly Inflation Creeps Up for the First Time in 6 Months

Russia's Monthly Inflation Creeps Up for the First Time in 6 Months

Russia’s monthly inflation inched up in May, marking the first acceleration in six months, though annual inflation fell over the same period.  Consumer prices rose 0.43% last month, up slightly from 0.4% in April, according to data released by the state statistics agency Rosstat.