Inflation in Russia starts to slow down, now reaches 3.2%

  MOSCOW:  Inflation in Russia began to slow down, now it reaches 3.2%, Finance Minister Anton Siluanov said on Monday. "After the grow...

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MOSCOW:  Inflation in Russia began to slow down, now it reaches 3.2%, Finance Minister Anton Siluanov said on Monday.

"After the growth in consumer prices in March-April last year, inflation began to slow down. Today, inflation reaches 3.2%," he said.

According to him, the liquid portion of the Russian National Wealth Fund amounts to 6.446 trillion rubles ($72 bln) as at July 1, 2023. "The liquid portion stands at 6.446 trillion rubles as of July 1 out of 12.3 trillion rubles ($137.4 bln) with all revaluations taken into account. The illiquid portion is investments in facilities, projects, and so on," Siluanov said.

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