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. Last Updated: 07/27/2016

For the Record

Isayev Appointed Head of Deposit Insurance Agency

Yury Isayev, a deputy head of the State Duma's Financial Market Committee, will replace Alexander Turbanov as head of the Deposit Insurance Agency, effective Dec. 31, the agency said in a statement, Interfax reported. (MT)

Food Prices Increase 5.8%

Food prices in Russia increased 5.8 percent in the first 11 months of the year, while the EU saw a 2.8 percent spike during the same period, the State Statistics Agency said, as cited by Interfax. (MT)