Search results

into consideration when making decisions on monetary policy to analyse and forecast inflation, identify the key trends in economic development across Russia in general and

by an inflation environment, as well as high interest rates. Yet, the tight monetary policy is a temporary factor necessary to steadily reduce inflation, and

high by historical standards. The sanctions, rising costs pushed up by high inflation, and increasing interest expenses due to tight monetary policy are affecting companies

price are widening by the end of the forecast period. • Inflation: No significant changes. Inflation forecast for 2025 has not changed and decreased to 4.

growth is mainly due to changes in demand for Russian exports. For inflation to steadily decline to 4% and stabilise at this level, tight monetary

INFLATION BY GROUP OF GOODS AND SERVICES Table 8 (PP) Fruit and Inflation over Non-core Food products Non-food goods Services Core inflation vegetables period, % inflation

in March. Annual inflation in Russia was down to 10.2% and already demonstrated a downward trend in 48 regions. However, inflation remained substantially above

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

of Russia key rate - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - RUONIA - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Zero coupon yield curve - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - MOSPRIME - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Inflation rate in Russia - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Inflation rate in USA 262,726 263,660 254,632 259,

bring inflation back to 4% in 2026. Further key rate decisions will depend on the pace and sustainability of the decrease in inflation and inflation