russian inflation hits 167 in fastest spike in over a decade
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Russian inflation hits 16.7% in fastest spike in over a decade

Arab Today, arab today

Arab Today, arab today Russian inflation hits 16.7% in fastest spike in over a decade

The Russian economy remains fragile
Moscow - AFP

Russian inflation reached 16.7 percent in February as lower oil prices and Western sanctions over Ukraine caused the biggest jump in prices over one year since 2002, the state statistics service said Thursday.
Prices rose a further 2.2 percent in February after leaping 3.9 percent in January -- a rate unseen in 16 years -- as the economy remains fragile after the ruble at the end of last year lost half its value against the dollar.
The most dramatic rise was in food prices, soaring 23.3 percent over the past year and 3.3 percent in February alone.
This increase resulted from Moscow's ban on European Union and US food imports in retaliation for sanctions slapped on Russia over its backing of rebels in eastern Ukraine.
Basic vegetables consumed regularly in Russian households were among the worst-affected with onions, carrots and beetroot increasing by around 10 percent each in February.
The economy ministry is expecting inflation to peak at 17 percent by April, while the annual rate for 2015 has been forecast at 12.2 percent.
Russia's inflation was estimated at 11.4 percent in 2014, the highest level since the financial crisis of 2008, after coming in at 6.5 percent in 2013.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

russian inflation hits 167 in fastest spike in over a decade russian inflation hits 167 in fastest spike in over a decade

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

russian inflation hits 167 in fastest spike in over a decade russian inflation hits 167 in fastest spike in over a decade

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday