Annual inflation in Russia accelerated to its highest level since February 2016
Inflation in Russia for the week from October 12 to 18 accelerated to 0.26% against 0.22% a week earlier, follows from Rosstat data. Since the beginning of 2021, inflation was 5.98%, and in annual terms - 7.78% as of October 18. Annual inflation showed the maximum value since February 2016, when this figure was 8.1%, writes RBC. Prices for food products in annual terms increased by 10.34%, for non-food products - by 7.68%.