98 Days
Source:
المشهد العربي
Inflation in Russia Accelerates Amid Fuel Supply Crisis
Russia experienced a sharp rise in its annual inflation rate, reaching 6% in June compared to 5.3% in May. This increase was driven by higher fuel prices resulting from attacks on oil refineries and worsening supply shortages. Gasoline prices rose by 19.9% in June year-over-year, with further increases continuing into July, as gasoline prices increased by 2.1%, and diesel by 3.4%. The crisis caused the deficit to expand from the southern regions to the central areas and the Pacific coast, adding pressure on the country's price levels.
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