Russia economy ministry sees inflation edging higher in September

MOSCOW (Reuters) – Russia’s economy ministry expects annual inflation to accelerate to 3.2-3.3 percent in September from 3.1 percent in August, it said on Tuesday.

A vendor places Russian rouble banknotes into a cash register at a grocery shop in the Siberian city of Krasnoyarsk, Russia, August 6, 2015. REUTERS/Ilya Naymushin

The weak ruble, which has fallen to levels last seen in March 2016, added 0.1 percentage points to August’s inflation reading, it said in a monthly report.

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