Inflation rate in April increased to the highest level in 20 years
People buy goods at a supermarket in Moscow, Russia. (Photo: AFP/VNA)
On May 13, the statistical agency Rosstat published data showing that inflation rate Russia’s annual growth rate in April jumped to 17.8%, a two-decade high, partly due to the impact of Western sanctions after Moscow opened its doors. special military campaign in neighboring Ukraine on February 24.
According to Rosstat, food prices, a major concern for low-income Russians, increased by an average of 20.5% in April compared with the same period last year.
Some foods had strong price increases such as fruits and vegetables (33%), pasta (29.6%), butter (26.1%).
Central Bank of Russia Inflation forecast for the whole of 2022 could reach 23% before gradually decreasing next year and returning to 4% in 2024.
Before, President of Russia Vladimir Putin on May 12 announced that Western countries will suffer greater consequences from the sanctions they have imposed on Moscow, and affirmed the resilience of the Russian economy in the face of “severe threats”. external challenge”.
at Blogtuan.info – Source: danviet.vn – Read the original article here
