“For the week from May 7 to 13, inflation was 0.05%.

In annual terms, the rate of price growth as of May 13 decreased to 17.69% in annual terms.

A slowdown in annual inflation is recorded for the first time since February 11, 2022.

In annualized (i.e., adjusted to annual rates) terms, inflation slowed to 2.8% from 6.4% a week earlier,” the review notes.

Earlier, the head of the Central Bank, Elvira Nabiullina, said that inflation in Russia would peak at the end of 2022.

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