Translation. Region: Russian Federal
Source: Central Bank of Russia
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Prices for goods and services fell in 70 Russian regions in August compared to July, and in four of them, the decline was even greater than the previous month. Annual inflation also slowed in most regions (77).
Over the past month, prices for fruits and vegetables, eggs, butter, and vegetable oils have fallen again. Non-food prices fluctuated in different ways. Certain import-dependent items increased in price due to the slight weakening of the ruble—for example, communications equipment, perfumes and cosmetics, clothing, and footwear. Other categories, on the contrary, continued to decline in price: passenger cars, tools, and equipment.
Despite declining, annual inflation in August still significantly exceeded the target. The Bank of Russia is pursuing monetary policy aimed at returning annual inflation to 4.0% in 2026 and maintaining it near that level thereafter.
For more information on inflation in each region, please seeinformation and analytical materials, published on the Bank of Russia website.
Preview photo: BGStock72 / Shutterstock / Fotodom
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.