Vladimir Putin, the president of Russia, contrasted Russia’s inflation to that of Germany, the Netherlands, and the Baltic states, saying that it has decreased in Russia while also releasing the inflation rates in these nations.
Putin stated that “inflation continues to drop, as it fell, according to the results of last week, to 13. 5%” during a meeting on economic concerns. On this occasion, Putin stated that inflation in Germany is 10%, and that it is 10% in the Eurozone.
9%, 17.1% in the Netherlands, 22.4% in Latvia, 22.5% in Lithuania, and 24% in Estonia.
Putin had stated at the conference that after 4 months of decrease, Russian industrial production had returned to its level from last year, signalling that sanctions will be reinforced against Russia, necessitating a flexible reaction in the economy.
News Agency RIA Novosti.
Putin contrasts the rate of inflation in Russia with Western nations using numbers.
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