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2024 2025 2026 2027 (actual) Inflation, as % in December year-on-year 9.5 7.0–8.0 4.0 4.0 Inflation, average for the year,

inflation expectations have barely changed since our meeting in March, while a further decrease in inflation expectations is critical to ensure sustainable disinflation. Our inflation

annual inflation indicator will start declining in May due to both further gradual slowdown of the ongoing price growth and the departure from annual inflation

the possibility of lowering the inflation target in the future. The Bank of Russia will consider this move once inflation slows down and stabilises close

the economy in general and on inflation in particular. Therefore, the Bank of Russia provides detailed explanations regarding inflation movements and the reasons behind them,

higher market rates constrain demand and inflation, while lower ones stimulate them. In addition to monetary policy and demand, inflation and financial market trends are

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

Current consumer price growth continues to slow 16 April 2025 News Share VKontakte WhatsApp Telegram In March, inflation was lower than a month ago. Price

Guidelines for the Single State Monetary Policy Price Dynamics: Facts, Assessments, Comments Inflation Expectations and Consumer Behavior 'Regional Economy' Commentaries by Bank of Russia Main

in household and business inflation expectations. Seasonally adjusted consumer price growth continued to slow down but remained high. To return inflation to 4%, a long