Inflation in Russia continues to slow ...News

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Inflation in Russia continues to slow
The surge in consumer prices recorded earlier this year amid Western sanctions has been gradually subsiding Annual inflation in Russia slowed during the week ending December 19, according to official data released on Thursday by Rosstat, the country’s official statistics agency. The weekly inflation report showed prices having decreased by 0.3% against the previous week to reach 12.35% in year-on-year terms. The price increases in the food segment slowed to 0.10% from 0.15% a week earlier due to a drop in the cost of fruit and vegetables. Rosstat noted that the prices on certain food items even fell below last yea

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