The federal Russian government will increase minimum wages and pensions from June 1 as it seeks to counter the effects of double-digit inflation closely linked to Western sanctions. Inflation in Russia stood at an annual 17.83 percent in April, according to official statistics, and 1.14 percent on a monthly basis. The United States, the UK, and the European Union have all imposed sanctions on Russia and Russian citizens and entities, and while some of these are largely symbolic, such as banning high-ranking officials from traveling to certain countries,…
Hence then, the article about double digit inflation prompts russia to raise wages pensions was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Double-digit Inflation Prompts Russia To Raise Wages, Pensions )