The Russian federal government will increase minimum wages and pensions from June 1 to counteract the impact of double-digit inflation, which is closely linked to Western sanctions.

Inflation in Russia was one year 17.83 percent in April according to official statistics and 1.14 percent on a monthly basis.

The United States, United Kingdom, and European Union have all imposed sanctions on Russia and Russian citizens and entities, and while some of these are largely symbolic,…