Россия. Казань. Обмен наличной валюты в одном из отделений Сбербанка, в котором открыли центр оптовой торговли иностранной валютой. Егор Алеев/ТАСС

Annual inflation in Russia slowed down in July 2019 to 4.58% after 4.66% in June, the Economic Development Ministry said in a report on Wednesday.

“In July 2019, annual inflation continued to slow down — to 4.58% after 4.66% a month earlier,” the report stated.

An increase in consumer prices was mainly driven by adjustment of tariffs on housing and public utilities to the actual inflation. Tariffs rose by 2.47%, the ministry informed.

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