Consumer price inflation for November will be 1.7% to 2.0%, compared to 2.1% in October, if current trends continue to the end of the month, the State Statistics Committee said on Thursday. The committee estimates that consumer prices rose by 1.2% in the first 20 days of November, including 0.4% in the week from November 14 to 20. Prices rose by a daily average of 0.060% in the twenty days, compared to 0.067% in October. Inflation was 16.5% in the first ten months of this year. If prices rise 1.7% to 2.0% in November, inflation for the first eleven months will be 18.5% to 18.8%, Gazeta.ru reports.
In a weary world of endless US military interventions, sanctions, trade tariffs and chaos, let’s pause and take stock of the shining house on the hill