Russia's Annual Inflation Down To 14.87% — Economy Ministry| MENAFN.COM

Friday, 07 October 2022 03:00 GMT

Russia's Annual Inflation Down To 14.87% — Economy Ministry


(MENAFN- Trend News Agency)

Annual inflation in Russia slowed down to 14.87% from August 9 to 15 from 15.01% a week earlier, the Ministry of Economic Development says in its price review, Trend reports citing TASS .

'The price drop continued over the week from August 9 to 15, 2022 and totaled 0.13%. In annual terms, the price growth rates geared down to 14.87%,' the Ministry said.

The food segment continues providing the main contribution to declining prices (down 0.33% as of the end of week) owing to the price drop for fruits and vegetables. Prices also continued going down in the segment of regulated and tourist prices (minus 0.19% after the 0.08% increase a week earlier), predominantly because of the airfare price drop, the Ministry added.

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