Inflation remains almost unchanged in January
19 February 2024
News
Annual inflation remained at 7.4% in January. The current growth in consumer prices was close to the December values. It slowed down as compared to the peak levels of the autumn months. Nevertheless, price growth rates continue to considerably exceed 4% in annualised terms.
According to the Bank of Russia’s forecast, given the monetary policy stance, annual inflation will decline to
More details are available in the new issue of the Bank of Russia’s information and analytical commentary Consumer Price Dynamics.
Preview photo: Tumeyesa / Shutterstock / Fotodom