Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Russian inflation hits 25%

by Tony Sagami on June 24, 2008

in Inflation Statistics

Vietnam isn’t the only country with an inflation problem.

The Russian Federal State Statistics Service, Russian reported that producer prices jumped by 3.5% in May. That’s for
just one month!

On a year-over-year basis, wholesale inflation increased by 25.1%.

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