Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Moscow, October 28 /Xinhua/ — Inflation in Russia will fall to the target level of 4 percent in the second half of 2026. This was announced by Elvira Nabiullina, Governor of the Central Bank of the Russian Federation, in the State Duma.
"Next year, we expect inflation to be 4-5 percent, slightly above target, due to the significant impact of one-off factors at the very beginning of the year. Our forecast assumes that the current rate of price growth will finally decline to the target level in the second half of 2026," she said.
According to a study by the Public Opinion Foundation (FOM) conducted on the Central Bank of the Russian Federation, Russians' inflation expectations for the year ahead remained at 12.6 percent in October.
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