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the Bank of Russia CPI seasonal adjustment specifications (2026) Trend inflation estimates and modified core inflation Seasonally adjusted dynamics of consumer price growth Dynamics of

July 2013 December 2012 More +Hide - Financial stability Inflation Expectations and Consumer Sentiment 4 29.05.2026 Inflation Expectations and Consumer Sentiment May 2026 April

see the shaded areas in the charts) have narrowed for most indicators. • Inflation: Analysts have lowered their forecast for 2026 to 5.3% (-0.2

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

by the volatile components of inflation. The core inflation measure declined, albeit less markedly than headline inflation. The balance of inflation risks is still skewed

of Bank of Russia Governor Elvira Nabiullina. Owing to tight monetary policy, inflation slowed down to five-year lows, with the key rate consistently decreasing. The

1–9. https://doi.org/10.1177/001316446002000104. Duong, T. H. (2021). Inflation targeting and economic performance over the crisis: evidence from emerging market economies.

acyclical components What information is important for households’ inflation expectations: a randomized controlled trial Financial literacy and inflation expectation: modeling based using the pseudo-panel data