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Annual inflation in Russia reaching 7.69% in February — Economy Ministry

In the food sector, the rise in prices slowed down to 0.77% month on month

MOSCOW, March 13. /TASS/. Annual inflation in Russia stood at 7.69% in February 2024, the Ministry of Economic Development said in its price review.

"Consumer inflation geared down to 0.68% month on month in February 2024; in annual terms, prices changed by 7.69%," the ministry said.

In the food sector, the rise in prices slowed down to 0.77% month on month. Inflation in the nonfood sector declined to 0.26%. Prices changed by 1.06% in the services sector, the ministry informed.