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MOSCOW () -- Consumer prices rose by 7.7 percent in September, nearly twice August's rate, Interfax said Friday.
Economists have been predicting an increase in inflation for weeks, resulting from increased state credits to cover Russia's budget deficit that is estimated to come in at around 10 percent for 1994.
Inflation has fallen sharply this year from a high of 17.9 percent in January to just 4 percent in August.
Inflation Doubles
01 October 1994
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