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Inflation accelerating to 7.69% in February 2024 — statistics

Consumer prices in monthly terms gained 0.68%

MOSCOW, March 13. /TASS/. Annual inflation in Russia accelerated from 7.44% in January 2024 to 7.69% in February of this year, the Russian federal statistical service (Rosstat) said.

Consumer prices in monthly terms gained 0.68%.

According to statistics, foods prices had the uptick by 0.77% month on month and by 8.08% annually in February 2024. Nonfoods prices edged up by 0.26% monthly and by 6.59% against February 2023.

The price hike in services was 1.06% against January 2024 and by 8.45% year on year.