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Russia’s annual inflation rises to 2.51% in May — Bank of Russia

In May, consumer prices grew by 0.31% from 0.38% in April

MOSCOW, June 15. /TASS/. The annual inflation rate in Russia in May 2023 rose to 2.51% from 2.31% a month earlier, the Bank of Russia said on Thursday.

"Compared to the previous month, year-on-year growth in service prices accelerated and prices for non-food items rose. At the same time, food prices fell faster," the regulator stated.

In May, consumer prices grew by 0.31% from 0.38% in April. The sustainable component of seasonally adjusted monthly price inflation increased further in May, approaching 4% year-on-year. After a period of gradual price growth in the second half of 2022, price pressure is gradually increasing, the regulator noted.

In turn, the Russian State Statistics Service (Rosstat) noted that inflation in Russia from June 6 to June 13, 2023, amounted to 0.05%. At the same time, from May 30 to June 5, inflation reached 0.21%. Since the beginning of June, consumer prices in the country have increased by 0.2%, since the beginning of the year - by 2.58%, the service said. In annual terms, inflation in Russia as of June 13, 2023 (according to calculations using average daily data for 2023 and 2022 on similar dates) amounted to 2.9%.

Amount of Russian assets frozen in Switzerland unchanged since August — agency

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Group plotting violent coup detained in Kyrgyzstan — interior ministry

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West attempted to prevent Russia-Africa ministerial meeting, diplomat says

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Russian lower house passes third reading of bill banning child-free propaganda

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Russian troops destroy fourth US-made Abrams tank in Ukraine operation

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Trump to reverse Biden’s executive orders in first week in office — press secretary

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Czech intelligence warns of crime surge after Ukraine conflict ends

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As many as 3,849 people crossed Syria’s border from Lebanon

Thailand receives invitation to become BRICS partner country — diplomatic source

The BRICS group was founded in 2006 by Brazil, Russia, India, and China, with South Africa joining it in 2011

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The helicopter can fly in harsh conditions, particularly those inside the Arctic Circle, where satellite communication coverage is poor

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What we know about massive Ukrainian drone attack on Russian regions

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Ukraine admits to mismanagement of military personnel

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Ukraine imposes sanctions on maintenance services of two Moscow airports

The decree, which lists a total of 63 legal entities, sets the restrictions for a period of 10 years

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IAEA chief urges Iran to find diplomatic solution on nuclear program

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Medvedev characterizes Great Britain as eternal adversary of Russia

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Moldova expresses displeasure about Georgian prime minister’s comments

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Ukraine offers up to 750,000 dollars to Russian pilot for hijacking helicopter — TV

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54 countries vote against resolution on combating ne-Nazism

116 countries, including Azerbaijan, Algeria, Armenia, Belarus, Bolivia, Brazil, China, Cuba, Serbia, and Syria, supported the document

Russia's AI industry ready to thrive with proper support, expert says

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Death toll from Israeli strikes on Lebanon nears 3,300 — health ministry

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Russian Security Council secretary meets with senior Chinese official

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Russian engine maker unveils cutting-edge aircraft engine

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Russian troops secure supply route to Plekhovo in Kursk Region — commander

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Africa goes through second 'awakening,' now from neocolonial oppression — Lavrov

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Israel reports eliminating most of Hezbollah arms production sites near Beirut

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