“In annual terms, inflation as of June 24 decreased to 16.22% yoy (as of June 17: 16.42% yoy),” the review “On the current price situation” says.
The Ministry of Economic Development added that for the week from June 18 to June 24, prices in Russia have not changed.
Earlier, Russian President Vladimir Putin said that Russia had suppressed an inflationary surge three months after a massive package of sanctions.