Russian inflation at 5.7% in first half of year

Sergei Ignatyev, the chairman of the Central Bank of Russia, said on 4 July that inflation in the consumer price index (CPI) amounted to 5.7% in the period January-June this year. Ignatyev's comments came during a testimony before parliament.

Inflation rose in June this year because of steep rises in the price for fruit and vegetables, which rose by 12.2% in June compared with a fall of 0.6% a year earlier, Ignatyev said.

The 2006 figure for inflation was 9%. The Russian government aims to

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