Inflation in Russia remained high last month due to tough international sanctions imposed in response to the country's invasion of Ukraine.
Russia's statistics agency said on Wednesday the consumer price index in May rose 17.1 percent from a year earlier. Food prices surged 20.05 percent.
Although the cost of living continued to rise, the pace of inflation slowed from April when the index jumped 17.83 percent.
Russia's statistics agency said on Wednesday the consumer price index in May rose 17.1 percent from a year earlier. Food prices surged 20.05 percent.
Although the cost of living continued to rise, the pace of inflation slowed from April when the index jumped 17.83 percent.
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Summary
Russia's inflation rate increased to 17.1% in May compared to the same period last year, as per the country's statistics agency. This rise was primarily due to tough international sanctions enforced following Russia's invasion of Ukraine. Food prices saw a significant surge, rising by 20.05%.
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ID: 62a1a947-e258-45c3-bade-17c7c0a80b98
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20220609_11/
Date: June 9, 2022
Created: 2022/06/09 17:03
Updated: 2025/12/09 15:40
Last Read: 2022/06/09 17:03