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. Last Updated: 07/27/2016

Inflation at 14.1%

MOSCOW () -- Monthly consumer price inflation slowed to 14.1 percent in November from 15.1 percent in October, according to Statistics Committee figures quoted by Interfax.

The agency said prices rose 2.5 percent in the last week of November, down from 3.2 to 3.3 percent in the middle of the month.

Russia had promised monthly inflation rates of 7 to 9 percent by year's-end in a midyear policy document to the International Monetary Fund. The target looked realistic until October, when the ruble crashed and monthly inflation soared.