Russia's annual inflation falls below 7%
The inflation rate in Russia fell from 7.12% to 6.92% last week
The inflation rate in Russia fell from 7.12% to 6.92% last week
The Central Bank of Russia expects inflation to return to low figures in 2026, consistent with its 4% target, which will enable it to cut the key rate "to acceptable levels," CBR Deputy Governor Alexei Zabotkin said.
According to the Governor of Russia's Central Bank, Elvira Nabiullina, the Russian economy has recovered relatively quickly despite the difficult 2022.
Annual inflation in Russia continues to slow, which is a major achievement, Russian President Vladimir Putin said during a meeting on economic issues.
Sber has improved its inflation forecast for Russia for the current year, projecting a potential decline to 6.5-7.5%.
Russia's Central Bank has cut its key rate for the second consecutive time - by 2 percentage points this time to 18% per annum.
Deflation in Russia equaled 0.05% from July 15 to 21, 2025, the Russian Federal Statistics Service (Rosstat) reported.
The current situation points to risks of overcooling in the Russian economy, while inflation is slowing down, Russia's Economic Development Minister Maxim Reshetnikov said during a meeting of the State Duma Committee on Budget and Taxes on …
Annual inflation in Russia geared up from 10.06% in February 2025 to 10.34% in this March, the Russian Federal Statistical Service (Rosstat) reported. Consumer prices ticked up by 0.65% month on month, according to statistics. …
Weekly inflation data indicate that price growth is continuing to slow, Russia's Central Bank governor Elvira Nabiullina said. …
The Russian Central Bank does not rule out raising the key rate if the slowdown in inflation does not proceed at the expected pace, Deputy …
The Russian Central Bank does not rule out the possibility of raising the key rate if the pace and sustainability of the fall in …
Russia’s Central Bank has decided to keep its key rate at 21% per annum contrary to analysts’ projections, noting though that it will assess the need of raising the rate at the next meeting. "On December …
The results of the increase in the key rate in Russia are already noticeable, Novak shared. The increase in the rate helped to bring down the growing inflation.
The peak of overheating in the Russian economy has been passed, though it is too early to speak about completion of this process, Sberbank CEO German …
Russia's Central Bank analysts have again raised their forecasts for the average key rate in 2024, this time to 17.1% from the 16.8% they were predicting in July. The 2025 forecast rises to 16.1% from 15%, 2026 to 11.5% from 10.6%, …
The balance of arguments on the movement of the key rate has not changed: the Central Bank of Russia's board of directors will in September assess the advisability of raising it at its upcoming meetings, Russia's Central Bank Deputy …
The Bank of Russia will not follow the Turkish scenario and raise the key rate sharply, the regulator’s governor Elvira …
Russian Central Bank’s inflation outlook for this year to be revised — advisor to governor The Russian Central Bank’s inflation outlook for this year will obviously be revised, Advisor to the regulator’s …
The Russian economy is currently at the peak of being overheated, head of the Bank of Russia’s monetary policy department Kirill Tremasov said. "I think that the peak of economic overheating is the top point of …