“The main restraining influence continues to be exerted by the accelerated decline in prices for fruits and vegetables and the continuing deflation in the service sector,” TASS reports.

Earlier, First Deputy Prime Minister Andrei Belousov, during a meeting of the Council for Strategic Development and National Projects, said that inflation in Russia by the end of the year is likely to reach 5%.

Associate Professor of the Department of World Economy and World Finance of the Financial University under the Government of Russia Lazar Badalov, in an interview with FBA "Economics Today", commented on the plans to create a digital ruble.