Translation. Region: Russian Federal
Source: Central Bank of Russia –
Prices in 59 Russian regions increased in March less than in February. Services increased in price most noticeably. Food prices increased at an accelerated rate in most regions. Non-food products increased in price at a low rate almost everywhere, and in 18 regions they even became cheaper.
Annual inflation in 46 regions was slightly higher than the national average (10.34%), while in the rest it was lower or at the same level. Inflation remains high because the economy’s ability to increase the supply of goods and services is still lagging behind demand.
In order to reduce inflation in Russia to 4% in 2026, the Bank of Russia will maintain high rates in the economy for a long time.
For more information on inflation in each region, seeinformation and analytical materials, published on the website of the Bank of Russia. From this month they are published in a new format: the emphasis is not on annual, but on monthly rates of price change. This gives a clearer idea of why the Bank of Russia is building its monetary policy in this way.
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Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect
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