Published on: 2026-07-15
Source: Central Bank of Russia – Central Bank of Russia –
An important disclaimer is at the bottom of this article.
Consumer price growth accelerated significantly in June, but mainly due to temporary factors.
At the same time, the rising fuel prices may negatively affect inflation expectations and inflation. High uncertainty regarding future external economic conditions also remains. To slow inflation to 4% and keep it close to the target, it is necessary to ensure tight monetary conditions that take into account the impact of prices on inflation expectations.
Economic activity in Q2 exceeded the level of Q1, but the disparity across industries became more pronounced.
Read more in the bulletin “What the Trends Are Talking About”.
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