Inflation Up 2.9% mom in October
7 November 2008
According to the State Statistics Committee, in October the inflation rate grew by 2.9% mom and reached 11.7% since the beginning of the year. In October food egg, oil, and milk prices were again the main inflation drivers reaching 43.4%, 73.1% and 27.9%respectively since the beginning of the year. PPI grew 2.2% mom reaching 18.3% YTD.
