Consumer prices up

Published April 19, 2007

MOSCOW, April 18: Russian consumer prices grew 0.3 per cent in the first half of April and are likely to rise by 0.6 per cent in the month as a whole, First Deputy Central Bank Chairman Alexei Ulyukayev said on Wednesday.

“In April, I think, inflation may amount to 0.6 per cent, and respectively to 4.0 per cent in the first four months of the year,” Ulyukayev told reporters.

Ulyukayev also said the central bank expected the rouble to have appreciated by 3.0 per cent in real effective terms in January-April.—Reuters

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