The Bank of Russia may shift to reduction of the key rate in the second half of 2024 if inflation continues slowing down stably, the regulator’s Governor Elvira Nabiullina said addressing the State Duma. "If …
Annual inflation in Russia in December 2023 slowed down to 7.42% compared to 7.48% in November. In monthly terms, consumer prices increased by 0.73%, the Russian State Statistics Service (Rosstat) reported. According to …
Russia’s Central Bank will increase the key rate again unless it sees sustainable slowdown of inflation and inflation expectations' cooling, the regulator’s Deputy Governor Olga Polyakova said. "At …
The Bank of Russia has effective tools to reduce inflation to the target of 4%, and will be ready to raise the key rate for this purpose, the regulator’s …
Today, the Central Bank raised the key rate from 13% to 15%. The decision is related to inflationary pressures.
The Bank of Russia admits maintenance of tight monetary policy throughout 2024 for returning inflation to the targeted level of 4%, the regulator’s Deputy Governor Alexey Zabotkin said. "It will probably be …
The Bank of Russia does not rule out an additional increase in the key rate in case of stronger pro-inflationary risks, the press service of the regulator said. The …
Inflation in Russia stood at 3.4% as of early July, Russian Prime Minister Mikhail Mishustin said at a meeting with President Vladimir Putin, …
Russia's central bank may raise its key interest rate at its July 21 meeting after keeping the cost of borrowing unchanged since September last year, …
Inflation rate in the Russian Federation will be about 5% at the end of 2023. This was stated by the President of Russia. He noted that this was a "normal indicator".
The Bank of Russia retained the key rate at 7.5% per annum for the sixth time in a row, the regulator said in a statement on Friday. "Current price growth rates, including the stable indicators of inflation, continue …
Inflation in Russia will return to target levels in 2024. In 2023, inflation will range from 4.5 to 6.5%
Russia’s Central Bank has kept the key rate at 7.5% per annum for the fifth consecutive time, noting that it would consider the necessity of key rate hike to stabilize inflation at the targeted level of 4% at its forthcoming meetings. …
The rouble rate will have a pro-inflationary impact this year, Russia’s Central Bank Governor Elvira Nabiullina said at a meeting in the State Duma. The Russian currency accelerated a months-long slide last week, tumbling to a …
Inflation in Russia is under control and it is expected to decrease during the first half of the year, Finance Minister Anton Silyuanov said. "Inflation is under control, inflation is going down, and it will …
The set of measures implemented by the Russian government and the Bank of Russia helped the country deal with inflation, which is now nearing the target level, Russian Prime Minister …
Annual inflation in Russia geared down to 11.57% from January 10 to 16, 2023, the Ministry of Economic Development says in its price review. Inflation stood at 11.65% from January 1 to 9, the Ministry noted. …
Annual inflation in Russia geared down to 11.94% in December 2022 from 11.98% in November; consumer prices gained 0.78% last December in monthly terms, the Federal Statistics Service (Rosstat) reported on Friday. Over the past month, …
Inflation in Russia totaled 11.9% last year, which is below the projected level, Economic Development Minister Maxim Reshetnikov said at a government meeting headed by President Vladimir Putin on Wednesday. "Inflation [in Russia] …
Inflation in Russia in 2023 is likely to be below the forecast of 5%, First Deputy Prime Minister Andrey Belousov said on Tuesday. "Our forecast for next year is somewhere around 5-6%, 5.5%. I think that, most likely, it will be …
