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a slowdown in the growth of costs, including because of a stronger ruble and lower estimates of actual demand. Price expectations were changing diversely across

operators, as before, reported higher demand for foreign travel amid a stronger ruble. Seasonally adjusted (SA) monthly growth in consumer prices continued to decelerate in

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

РОССИИ’ (BANK OF RUSSIA), the denomination of the coin ‘3 РУБЛЯ’ (3 RUBLES), the year of issue ‘2025 г.’ (2025), the chemical symbol of the

to the activity involving trust management of investment funds’ assets. The new rules come into force on 8 May 2025. Preview photo: megaflopp / Shutterstock / Fotodom

inflation trend is determined by the Central Bank’s policy rule and changes in the rule lead to changes in the inflation trend. Monetary policy

26,000 rubles per month – low income, from 26,000 to 45,000 rubles per month – medium income, and from 45,000 rubles per month

and tourism services was up (SA). Exchange rate In March 2025, the ruble continued to strengthen. It grew by 7.0% against the Chinese yuan,

Source: Bank of Russia. EXPORTS AND OIL PRICE Chart 3 IMPORTS AND RUBLE EXCHANGE RATE Chart 4 $ bn % YoY $ bn % YoY 175 150 125 60