Talking Trends: economic activity expands
9 June 2026
News
In April–May, economic activity improved relative to the first quarter, with sectoral performance remaining extremely mixed. Consumer demand continued to expand as incomes still grew rapidly.
Consumer prices rose much slower in April, and their growth was likely weak in May. The price deceleration occurred chiefly on the back of transitory factors. Tight monetary conditions should be maintained to enable a further decline in inflation and its stabilisation at the 4% target.
More details are presented in Talking Trends, a Bank of Russia bulletin.
Preview photo: Pixels Hunter / Shutterstock / Fotodom