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Inflation in Russia remains low

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October 3, 2017

The hyperinflation seen in the 1990s in Russia brings back bad memories for many people. Back then, millions of people lost their savings — hitting the poor, the eldery and families with children especially hard. Now, just a few months ahead of the presidential election, the Russian central bank has annouced good news for the Kremlin: The economy is growing and inflation remains low.

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