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Regional Economy report: consumer prices decline on average in most macro-regions 8 September 2022 News Share VKontakte Telegram Макс In July—August, annual inflation continued

still putting in mixed performance. Weekly data point to a gradually changing inflation landscape. The share of goods and services with annualised price growth rates

rise in inflation as a temporary phenomenon and did not include a significant premium for inflation risk in long-term rates. 10 See ‘Inflation Expectations and

for obligations of other issuers of the Russian Federation, credit achieving the inflation target. The key rate is set by the Bank institutions’ promissory notes,

of inflation/reduction of inflation expectations. It is important to note that, while before 2019, the Bank of Russia steadily gave inflation expectations and inflation

monetary policy over the inflation targeting period. The objective of the MPR is to comprehensively assess the first results of inflation targeting in Russia and

prices. Annual inflation slowed down for the third consecutive month to 15.1%. The current monetary policy stance will pave the way for inflation to

inflation is an essential prerequisite for the balanced growth of the economy in any environment, including the current conditions. Our inflation target is annual inflation

July was primarily associated with the trends in inflation and inflation expectations: inflation decelerated significantly, and inflation expectations lowered to the levels of spring 2021

MB MB MB MB MBs’ percentage in inflation % 2022 100 34 11 12 14 13 11 5 Inflation % YoY June22 15.9 16.3 15.