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Russia's central bank hikes interest rate to 21% to fight stubborn inflation

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Summary
Nutrition label

84% Informative

Inflation in Russia hit 8.6% year-on-year in September , well above the central bank's 4% target.

It has largely been driven by heavy defense spending amid the ongoing war in Ukraine .

Moscow has long been battling high inflation and warnings of an overheating economy.

VR Score

90

Informative language

92

Neutral language

48

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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