Russia's inflation accelerated in May to 15 point 1 percent, that's the fastest rate in five and a half years - Je 06.06.2008
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Simon PuehlerJune 6, 2008
Russia's riches come mainly from its huge reserves of oil and natural gas. But the economic growth made possible by these riches has a drawback. Inflation. Russia's inflation accelerated in May to 15 point 1 percent, that's the fastest rate in five and a half years, with food prices soaring over 22 percent.