The annual rates of inflation in Russia are slowing down during October

The annual rates of inflation in Russia are slowing down during October

According to the Ministry of Economic Development, from October 11 to October 17, 2022, annual inflation in Russia decreased from 13.36 percent to 13.1 percent.
According to a report “on the current prices” compiled by the Ministry of Economic Development, “inflation has reduced on an annual basis during a week from October 11 to 17 2022.”
“Price growth in the food products industry was zero.

08%, mostly as a result of the accelerated seasonal increase in fruit and vegetable goods, while prices for other food items fell for the second consecutive week. The cost of non-food items did not change (0. 00%).
The research states that due to the large drop in the price of tickets for domestic flights and the ongoing decline in the cost of hotel services and clinics, the prices of tourist and organisational services fell by 0. 21%.
Origin: Tas.

October saw a slowdown in Russia’s yearly inflation rates.

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Economics