Annual inflation in Russia slowed down in July 2019 to 4.58% after 4.66% in June, the Economic Development Ministry said in a report on Wednesday.
“In July 2019, annual inflation continued to slow down — to 4.58% after 4.66% a month earlier,” the report stated.
An increase in consumer prices was mainly driven by adjustment of tariffs on housing and public utilities to the actual inflation. Tariffs rose by 2.47%, the ministry informed.