Russian February Inflation Slowed to Post-Soviet Record of 3.7%

Russia’s inflation decelerated in February to the slowest annual rate since the Soviet Union collapsed two decades ago as non-food costs eased.

Consumer prices rose 3.7 percent from a year earlier, compared with 4.2 percent in January, the Federal Statistics Service in Moscow said in an e-mailed statement today. Prices rose 0.4 percent from a month earlier. Economists estimated increases of 3.9 percent and 0.5 percent, two surveys showed.

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