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policy in turn impacts inflation expectations. Achieving the inflation
target and maintaining inflation at a consistently low level help anchor inflation expectations and
reduce their
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31.07.2026
Inflation Expectations and Consumer Sentiment
Inflation Expectations and Consumer Sentiment
July 2026 June 2026 May 2026 April 2026 March 2026 February 2026 January 2026 December
3
28.07.2026
Inflation expectations increase in July
28 July 2026
News
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VKontakte Telegram
In July 2026, inflation expected by households in one year was estimated at
4
24.07.2026
influences inflation
The key rate and communication are the primary monetary policy tools. The Bank of Russia uses the key rate to affect inflation. This
INFLATION BY GROUP OF GOODS AND SERVICES
(PP)............................................................................................................................................................................................................................................................................................................................................................................................................................................. Table 8
Fruit and Inflation over Non-core
Food products Non-food goods Services Core inflation
vegetables period, % inflation
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20.07.2026
Inflation in Russia
Inflation in Russia
Until September 2025, the material was titled Consumer Price Dynamics
2026 2025 2024 2023 2022 2021 2020 2019 2018
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11
Assessment of Trend Inflation
15.07.2026
12
Inflation in Russia
15.07.2026
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Information and analytical commentaries on inflation in Russian regions
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All indicators
Inflation
Inflation target
4.0%
July 2026
6.0%
Key rate
from 27.07.2026
14.00%
Main indicators of the financial market
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hold near 4% thereafter
2
Inflation expectations remain elevated
Household’s inflation expectations, observed inflation and inflation, YoY
Households’ inflation expectations fell to 9.1
10
upcoming meetings
1
Inflation
is close to 4%
Inflation and BoR key rate, YoY
In September, annual inflation stood at 3.7%. Inflation processes are