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the decrease in inflation and inflation expectations. According to the Bank of Russia’s forecast, given the current monetary policy stance, annual inflation will decline

the decrease in inflation and inflation expectations. According to the Bank of Russia’s forecast, given the current monetary policy stance, annual inflation will decline

given the situation for achieving Foreign currency-denominated assets and precious metals the inflation target. The key rate is set by the Bank of Russia mainly

was less notable due to the slowdown in current price growth. Households’ inflation expectations changed unevenly and remained elevated. In June, interest rates dropped in

Bond market continues to grow in July 8 August 2025 News Share VKontakte WhatsApp Telegram The monetary policy easing amid a sustainable slowdown in inflation

the key rate, thus enabling the Bank of Russia to achieve the inflation target. Furthermore, the limit set on the amount that an individual may

the decrease in inflation and inflation expectations. According to the Bank of Russia’s forecast, given the monetary policy stance, annual inflation will decline to

Eastern MB MB MB MBs’ percentage in inflation % 2025 100 33 11 12 15 14 10 5 Inflation % YoY Jun25 9.4 8.6 9.

exceeded the 2017–2019 values when inflation was close to the target (Chart 10). The average three-month ahead inflation rate expected by businesses (in annualised

inflation, high inflation expectations, and low unemployment. The Bank of Russia stated that it would keep monetary conditions as tight as necessary to return inflation