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Sharp rise in utility bills pushes Russia's inflation further off target

The October increase follows a January rise and is the first double tariff hike in four years. The central bank warned it would push annual inflation further above its 4% target in an economy already squeezed by the costs of its war, sanctions and a 21% key interest rate.
2 de setembro de 2026 por
Sharp rise in utility bills pushes Russia's inflation further off target
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The October increase follows a January rise and is the first double tariff hike in four years. The central bank warned it would push annual inflation further above its 4% target in an economy already squeezed by the costs of its war, sanctions and a 21% key interest rate.

Read the full original article: http://www.euronews.com/2026/09/02/sharp-rise-in-utility-bills-pushes-russias-inflation-further-off-target

Sources: euronews_world

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