Translation. Region: Russian Federal
Source: Central Bank of Russia –
In 59 of 85 Russian regions, prices in May rose less than in April, and in 6 regions they fell. According to the Bank of Russia, in 41 regions, the price increase, excluding seasonality, was close to 4% or lower on an annualized basis.
The growth of food prices has slowed in 49 regions. Fruit and vegetable products and sugar have become noticeably cheaper, and the prices of pasta and cereals have continued to decline.
Non-food products fell in price in 41 regions, with the biggest decline being in the price of appliances and electronics.
The rate of price growth has decreased most noticeably in the services sector. Price dynamics have slowed in 65 regions, mainly due to transport services.
According to Rosstat, annual inflation in Russia fell to 9.9% in May. In the vast majority of regions (66), it also slowed down. The Bank of Russia will continue to reduce inflation, maintaining high rates in the economy. According to our forecast, annual inflation will return to 4% in 2026.
For more information on inflation in each region, seeinformation and analytical materials, published on the website of the Bank of Russia.
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