Russia's annual inflation gearing down to 7.24% from January 23 to 29

# 01 February 2024 00:07 (UTC +04:00)

Annual inflation in Russia slowed down to 7.24% from January 23 to 29, 2024, the Ministry of Economic Development said in its current price situation review, APA reports citing TASS.

"Inflation stood at 0.16% over the week from January 23 to 29 on the consumer market. In annual terms, the growth rate slowed down to 7.24%," the Ministry informed.

"In the food segment, inflation totaled 0.23%. Prices changed by 1.2% for fruits and vegetables; prices dropped by 0.01% for other foods. The rise in prices was close to zero, 0.03%, for nonfoods. Inflation totaled 0.35% in the services sector amid the change in domestic airfare prices," the Ministry said.

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