vladimir putin speech
  • Putin apologized for Russia's high pace of inflation in a recent Q&A session.
  • Prices for eggs in particular have soared 40% since the start of the year.
  • "I apologize for this, but this is a failure of the government's work," Putin said at the event.

Vladimir Putin apologized for Russia's inflation problem this week, making a rare admission of the nation's precarious economic situation since it first began its invasion of Ukraine last year.