Translation. Region: Russian Federal
Source: Central Bank of Russia –
Seasonally adjusted monthly price growth continued to slow in April. Non-food prices remained almost unchanged over the month, but food and services prices continued to rise, albeit more slowly.
Annual inflation fell in April but still significantly exceeds the target. The Bank of Russia will continue to maintain the monetary policy tightness necessary to return inflation to 4% in 2026. Further decisions on the key rate will depend on the speed and sustainability of the decline in inflation and inflation expectations.
For more details, read the Bank of Russia’s information and analytical commentary “Dynamics of consumer prices”.
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