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Inflation in Russia is currently less than 4% per annum — PM

It is noted that capital investment grew by 4.6%

MOSCOW, March 15. /TASS/. Inflation in Russia is declining, currently standing at less than 4% per annum, which means below the target set by the Central Bank, Prime Minister Mikhail Mishustin said on Wednesday.

"Regarding inflation its peak level hit almost 20%, while annual [inflation] equaled 11.9% in 2022. And today it is already less than 4%," he said, adding that "investment continued growing." "Capital investment grew by 4.6%," PM said.