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Inflation in Russia at 6.6% in 2012, Above Forecast

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Consumer prices grew 6.6 percent in 2012, 0.1 percentage points above the official target of 6.5 percent, the Federal Statistics Service said on Saturday.

MOSCOW, December 29 (RIA Novosti) - Consumer prices grew 6.6 percent in 2012, 0.1 percentage points above the official target of 6.5 percent, the Federal Statistics Service said on Saturday.

“The consumer price index was 100.5 percent in December (2012) and 106.6 percent for the full year,” Rosstat said in a statement.

The figures are based on weekly monitoring of prices for 63 types of goods and services.

Inflation indices for a broader range of 503 types of goods and services are due on January 9, 2013.

 

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