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The observed inflation rate, noted by citizens in December, also increased, reaching 15.9%, compared with 15.3% last month. For people without savings, this figure reached 16.9% (compared with 16.3% in November), while for those with savings, it was 14.4% (as opposed to 13.9% in the previous month).
In early December, Elvira Nabiullina said that the Central Bank managed to avoid an inflationary spiral due to the high key rate.