Russian Inflation Dips Below 4% for First Time Since Invasion of Ukraine
Inflation in Russia dropped below 4% in March for the first time since Moscow’s invasion of Ukraine led Western governments to impose wide-ranging sanctions on the country, state statistics agency Rosstat announced on Wednesday. Inflation in March stood at 3.51% year-on-year, down sharply from 10.99% in February. The sharp decrease does not however reflect a…