Inflation in August: monthly deflation extends another month

Макроэкономика 08.09.2015 For the second consecutive month, consumer inflation has declined, down 0.8% MoM following the previous month's substantial 1.0 percent monthly decline. Factoring in the past month's data, YoY inflation rate slowed to 52.8%, down 2.5ppt from 55.3% YoY. Yet another increase in the tariff on electricity is expected in September, which should sustain inflation in December at 45% YoY.