Financial news: In almost all regions of Russia, price growth slowed in February.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

In February, prices in 80 out of 85 regions increased less than in January.

The prices of fruits and vegetables increased more slowly, butter and fats continued to fall in price, and prices for milk and dairy products, cheese, tea and coffee, pasta and cereals decreased.

Non-food prices increased moderately on average. However, for a wide range of goods, prices in many regions even decreased or increased less sharply than a month ago. This affected, in particular, electrical goods and household appliances, communications equipment, tools and equipment, clothing and underwear, knitwear, and footwear. Meanwhile, in the services sector, international travel costs increased significantly, and prices for household and medical services continued to rise.

Annual inflation has declined in 65 out of 85 regions. The Bank of Russia will continue to pursue policies aimed at returning inflation to a stable and low level.

For more information on inflation in each region, please seeinformation and analytical materials.

Preview photo: Oleg Elkov / Shutterstock / Fotodom

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.