Russian inflation falls to just over 3% ...News

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Russian inflation falls to just over 3%
The surge in consumer prices continued to subside in April, but inflationary pressures remain, the central bank says Annualized inflation in Russia has slowed to a rate of 3.15% as of April 10, according to data from the central bank. According to the regulator, this happened “mainly due to the effect of the high statistical base of the spring of 2022,” when prices surged amid the first rounds of Western sanctions and tensions regarding the conflict with Ukraine. The indicator continued to fall after a sharp drop to 3.51% in March from 10.99% in February. The last time the consumer price index in Russia fell below

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