“According to the results of the year, our inflation is below 12%, to be more precise with rounding - 11.9%.

And this is despite the fact that we have postponed the indexation of housing and communal services tariffs from July 1, 2023 to December 1, 2022,” the minister said.

December 5 Reshetnikov said that inflation in Russia is now lower than in many Western countries.

Russian President Vladimir Putin called the Russian ruble one of the strongest currencies in the world.