Inflation rates slowed down in Russia 19:49

Annual inflation rates in Russia declined from 11.57% to 11.49%. It has been reported to report “On the current price situation” of the Ministry of Economic Development of Russia.

“Annual inflation continued to decline to 11.49 percent. <...> c 11.57%,” says the review.

In the week between January 17 and January 23 this year, inflation fell to 0.14% from 0.15% a week ago, the ministry said.

According to the Ministry of Economic Development, the reason for the slowdown in inflation is the rising prices in the non-food segment, mainly due to the fall in prices of electrical and household appliances.

However, the ministry added that prices have increased in food products (+0.27%) and tourism services (+0.13%).

Formerly Russian financiers assumedIn March-May, prices in Russia will increase by 3% this spring. According to them, inflation should slow down in March-May.



Source: Gazeta

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