(MENAFN- Trend News Agency)
Annual inflation in Russia geared down to 15.01% from August 2
to 8, compared to 15.3% a week earlier, the Ministry of Economic
Development says in its price review, Trend reports citing TASS .
'Deflation continued in August. Prices dropped by 0.08 over the
week from August 2, to 8, 2022. In annual terms, price growth rates
continued decelerating and amounted to 15.01% as of August 8,' the
Ministry says.
'The price drop for foods (down 1.53% month-on-month) made the
major contribution to deflation in July, just as in June. Fruits
and vegetables prices declined significantly, with the concurrent
price decrease for foods except fruits and vegetables,' the
Ministry informs.
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