Translation. Region: Russian Federal
Source: Central Bank of Russia –
In May, the seasonally adjusted monthly price growth slowed to 4.5% on an annualized basis. Non-food items fell in price for the second month in a row. The rate of price increases for basic food products, household and medical services remained high.
Annual inflation also continued to decline in May, but was still significantly above the target. The Bank of Russia intends to return inflation to 4.0% in 2026 and keep it close to this level thereafter.
For more details, read the Bank of Russia’s information and analytical commentary “Dynamics of consumer prices”.
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