12/2/2021, 11:52 AM (Source: TeleTrader)
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Kremlin concerned about high inflation

Russian authorities are concerned about the high inflation rate in the country, Kremlin spokesman Dmitry Peskov revealed on Thursday.

Current inflation levels are higher than planned, Peskov acknowledged at a press conference. The country's President Vladimir Putin and the government are constantly discussing the matter at their meeting on economic issues, his spokesman added, pointing out that their measures prevented sharp rises in inflation.

Russia's Ministry of Economic Development reported previously that the annual inflation rate for the week that ended on November 29 reached 8.38%. It stood at 8.05% a week earlier.

Baha Breaking News (BBN) / MS