3 Days
Source:
Sky News
Russian Central Bank watches fuel crisis inflation
The Deputy Governor of the Russian Central Bank confirmed that the bank is monitoring the impact of the fuel crisis on inflation. The local market has experienced disruptions due to Ukrainian attacks on oil facilities, resulting in reduced production and higher fuel prices. This comes at a time when the central bank is warning that these developments could affect inflation expectations and lead to increased economic costs, amid ongoing concerns about the crisis's effects on other goods and services.
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