Rosstat reported that annual inflation in Russia increased from 7.44% in January 2024 to 7.69% in February 2024. Data leads TASS.
In February this year, food product prices increased by 0.77 percent compared to January last year, while the annual price increase was 8.08 percent. The price of non-food products increased by 0.26% monthly and 6.59% compared to February 2023. The cost of service increased by 1.06 percent as of January 2024 and 8.45 percent on an annual basis.
Konstantin Tuzov, researcher at the Structural Research Laboratory of the Institute of Applied Economic Research of the Presidential Academy, previously said socialbites.ca reported that the increase in Russia’s gross domestic product (GDP) in 2024 will be 1.5% compared to the 2023 level. This is how he commented on Prime Minister Mikhail Mishustin’s statement that Russia’s economic growth trend will continue in 2024.
Formerly in the State Duma saidWhen they consider the transition to progressive taxation in Russia.