Russian inflation drops below 6% ...News

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Russian inflation drops below 6%
The surge in consumer prices recorded last year amid Western sanctions has been gradually subsiding Inflation in Russia was running at an annualized rate of 5.99% as of March 20, slowing from 7.65% recorded a week earlier, according to the latest report released by the country’s economy ministry on Wednesday. In the category of non-food products, prices for electrical and household appliances resumed growth, while prices for clothes, underwear and footwear continued to grow. The decline in prices for construction materials demonstrated a slight slowdown. At the same time, prices for passenger vehicles remained unc

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