Rosstat recorded the strongest inflation spike since VAT was raised

Rosstat recorded the strongest inflation spike since VAT was raised, caused by a sharp increase in tariffs. Inflation from September 29 to October 5 amounted to 0.96%, according to Rosstat.

Coverage (2 sources)

• Second inflationary shock. How utility services became more expensive — Радио Свобода
• Rosstat recorded strongest inflation jump since VAT hike due to sharp tariff increases — The Moscow Times

Key entities

• Rosstat
• Bank of Russia
• Ministry of Economic Development
• Inflation