Weekly deflation recorded in Russia first time this year
Deflation in Russia equaled 0.05% from July 15 to 21, 2025, the Russian Federal Statistics Service (Rosstat) reported.
Inflation in Russia
What are risks of economic overcooling in Russia?
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 …
Russia's annual inflation reach 10.34% in March
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. …
Russia's Central Bank expects slowdown in inflation to continue
Weekly inflation data indicate that price growth is continuing to slow, Russia's Central Bank governor Elvira Nabiullina said. …
Russia's Central Bank says key rate hike possible
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 …
Nabiullina: likelihood of key rate hike in future decreases
The Russian Central Bank does not rule out the possibility of raising the key rate if the pace and sustainability of the fall in …
Bank of Russia keeps key rate at 21% after Putin's criticism
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 …
Novak explains how 21% rate affected inflation
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.
Gref: economy overheating peak passes
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 raise forecasts for key rate
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%, …
Russia's Central Bank: key rate requires significant change
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 …
Central Bank rejects Turkish rate scenario for Russia
The Bank of Russia will not follow the Turkish scenario and raise the key rate sharply, the regulator’s governor Elvira …
Russian Central Bank to revise inflation and key rate forecasts
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 …
Central Bank: Russia's economy at peak of overheating
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 …
Russia's Central Bank keeps key rate
The Russian Central Bank has kept its key rate once again, though it holds open the prospect of increasing it at the upcoming meeting, the bank's press service said. "On 7 June 2024, the Bank of Russia Board of …
Gref: Ruble to be stable until year-end
According to the Chairmanof Sberbank, the ruble exchange rate will be quite stable in 2024. It is expected that the national currency exchange rate will remain in the range of 90-95 rubles.
Russia's Central Bank “freezes” key rate until year end
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 …
Russia's annual inflation slows down to 7.42%
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 …
Bank of Russia ready to increase key rate once again
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 …
Russia's Central Bank to continue raising key rate
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 …
