In January, the growth of consumer prices slowed down but remained high, with annual inflation significantly above 4%. The underlying inflationary pressures continue to be substantial.
The Bank of Russia maintains that a tight monetary policy will aid in decelerating inflation and bringing it down to the target by 2026.
More information can be found in the new issue of the Bank of Russia’s information and analytical commentary “Consumer Price Dynamics.”
The Bank of Russia has added a new refined product price index calculation method to its official register. Developed by SPIMEX and approved after consultations with key agencies, this move aims to improve transparency and confidence among market participants.
The Bank of Russia has published a summary detailing its latest discussions on interest rates and economic trends. The report highlights views on inflation pressures, temporary factors affecting growth this year, fiscal risks ahead, and outlines next steps regarding future monetary policy decisions.
The Bank of Russia reported a significant increase in incoming payments for April 2026, driven largely by export prices. The central bank highlighted growth across several economic sectors and referenced additional details available in its sectoral review.
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