Business · Economy · 9 hrs ago

Russia’s annual inflation reaches 7.22% in week to October 12

Russia’s annual inflation reaches 7.22% in week to October 12

Russia’s annual inflation stood at 7.22% in the week from October 6 to 12, according to the Economy Ministry.

The figure measures how prices changed over a year, while the ministry also reported changes during that single week.

Prices rose 0.11% over the week.

Food prices increased by 0.21%, while non-food prices rose by 0.1%.

Fruit and vegetable prices were nearly unchanged, rising 0.03%, and monitored services prices were almost flat at 0.02%.

These figures show that price increases varied across everyday goods and services.

The ministry’s figures cover the week ending October 12; no further outlook or next step was given.

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Ministry of Economic DevelopmentRussian government ministry
Annual inflation was recorded at the level of 7.22%
via TASS