Published on: 2026-04-16
Source: Central Bank of Russia – Central Bank of Russia –
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Economic activity in the first quarter was subdued, partly due to the adaptation of producers and consumers to tax innovations. At the same time, February statistics indicate that the decline in demand at the beginning of the year is likely temporary.
Price growth in February – March slowed after the January surge, but remained elevated despite the weakening of consumer activity. A steady slowdown in inflation to the target level implies maintaining the tightness of monetary conditions.
Read more in the bulletin“What the trends are talking about”.
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