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Central Bank says annual inflation in Russia has declined

Photo by Caitlyn Wilson on Unsplash

“In March, inflation slowed to 3.5% mainly due to the effect of the high statistical base of spring 2022. It continues to affect -by April 10 the estimate of annual inflation fell to 3,15%”, – quoted experts of the Central Bank TASS.

It is noted that the growth in producer prices of consumer goods is gradually increasing. This indicates a likely increase in inflationary pressures in the coming months.

Earlier, Russian President Vladimir Putin said that the annual inflation rate in Russia will fall below 3% by the end of April.

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