Putin says sanctions hurting West more than Russia

Western countries imposed unprecedented sanctions on Russia since it sent its troops into Ukraine

Russian President Vladimir Putin says Western countries are being more affected by sanctions imposed on Moscow over its invasion of Ukraine than Russia is.

Putin was also quoted last month saying Western countries had scored an own goal by imposing sanctions against Russia over Ukraine which he said had led to a "deterioration of the economy in the West".

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Speaking on the state of Russia's domestic economy, Putin had said that inflation was stabilising and that retail demand in the country had normalised.

Western countries have imposed unprecedented sanctions on Russia's corporate and financial system since it sent troops into Ukraine on Feb. 24 in what it calls a "special military operation".