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Putin: Annual inflation in Russia reaches 5.9%

30 June 2021 16:11 (UTC +04:00)

Annual inflation in Russia at the moment reaches 5.9%, Russian President Vladimir Putin said during the annual Q&A session on Wednesday, APA reports citing TASS.

"Inflation has grown by almost 6% - 5.9% at the moment," he said.

At the same time, according to Putin, problems with food prices remain. In particular, with the prices of the so-called "borscht set", which includes carrots, potatoes, and other vegetables.

Earlier, Governor of the Bank of Russia Elvira Nabiullina noted that inflation in Russia presents a growing concern. According to Nabiullina, the annual rate of increase in prices has significantly exceeded the target level. According to the Russian State Statistics Service, annual inflation in Russia accelerated to 6.02% in May from 5.53% in April.