Inflation in Russia jumps to 17.83% in April, highest since early 2002

Monthly inflation slowed to 1.56% last month from 7.61% in March

Russia’s consumer inflation jumped to 17.83% year-on-year in April, the highest since January 2002, affected by the volatile Ruble and unprecedented western sanctions that disrupted logistics chains.

The federal statistics service Rosstat published the consumer price index data on Friday, saying that there’s a hike of 33% seen in the fruits and vegetable prices from a year earlier.

However, monthly inflation slowed to 1.56% in April from 7.61% in the month earlier, when it staged the most significant month-on-month increase since January 1999.