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According to the results of the week from October 27 to November 2, annual inflation in Russia slowed from 7.11% to 6.95%. According to data from the Ministry of Economy, consumer prices during this period decreased by 0.04% due to cheaper non-food goods and services, Kommersant writes. Raiffeisenbank analysts estimate the annual figure even lower - at 6.8%, attribute the recent acceleration in price growth to last year's base effect and expect a further slowdown in inflation due to the slowdown in fuel price increases.

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According to the results of the week from October 27 to November 2, annual inflation in Russia slowed from 7.11% to 6.95%. According to data from the Ministry of Economy, consumer prices during this period decreased by 0.04% due to cheaper non-food goods and services, Kommersant writes. Raiffeisenbank analysts estimate the annual figure even lower - at 6.8%, attribute the recent acceleration in price growth to last year's base effect and expect a further slowdown in inflation due to the slowdown in fuel price increases.

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