Russia’s inflation headed towards lowest level in post-Soviet history

Annual inflation in Russia

Annual inflation in Russia has eased to 2.2 percent in February, according to the median estimate of 20 economists surveyed by Bloomberg. Statistics show that price growth briefly fell to that level in 2018.

The Central Bank of Russia has cut its key rate in February by 25 basis points, from 6.25 percent to six percent. It left inflation outlook for 2020 unchanged, at 3.5-4 percent.

Continue reading https://on.rt.com/acaf