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in June—July. As deposit rates were declining, the contribution of households’ ruble assets to the rise in money supply was decreasing. Preview photo: Barddim

increased in August in monthly and annualised terms, due to a stronger ruble and lower loan rates. By contrast, large retail chains selling lighting and

Prices for certain import-dependent items grew under the effect of a weaker ruble, e.g. communications devices, perfumes and cosmetics, clothing and footwear. By contrast,

of rubles (works, services), to individuals, billions of rubles (including customs duties), billions of rubles billions of rubles billions of rubles billions of rubles 1

of the monitoring of the maximum interest rates on deposits1 in Russian rubles of the top 10 credit institutions2 attracting the largest amount of household

account the ruble exchange rate when making your decision today? Is it possible to say that the trend has reversed, that is, the ruble has

in case of escalating trade disputes may have proinflationary effects through the ruble exchange rate dynamics. Geopolitical tensions remain a significant uncertainty factor. Disinflationary risks

2023 2024 2025 Claims on households (ruble) 0 Claims on organisations (ruble) 2023 2024 2025 Claims on organisations (ruble and currency*) * Net of foreign exchange