However, the Russian president acknowledged that consumer prices in the country had risen sharply. MOSCOW. Russia’s President Vladimir Putin has said the influx of sanctions from the West against Russia has failed. The article continues under video advertising The Kremlin chief noted that Russia has withstood unprecedented pressure, while the ruble has strengthened and the country recorded a historically high trade surplus of $ 58 billion in the first quarter. their European allies, as they accelerated inflation and led to a decline in living standards. But Putin acknowledged that consumer prices in Russia had risen sharply. As Putin said, the government ordered to index wages and other payments to mitigate the impact of inflation on people’s incomes.War in Ukraine