Annual inflation in Russia saw an increase across 66 regions, according to recent data. In other regions, the inflation rate either remained stable or decreased on a month-to-month basis.
The report highlights that food prices experienced a faster rise, whereas service prices grew at a slower pace. Non-food prices did not see any change in their growth rate.
Authorities suggest maintaining high interest rates for an extended period to achieve a targeted inflation rate of 4% by 2026.
For more detailed information on regional inflation rates, refer to the Bank of Russia’s website where analytical materials are available.
