Current consumer price growth continues to slow
16 April 2025
News
In March, inflation was lower than a month ago. Price pressures became more diverse across groups of goods and services. Growth in prices for non-food goods demonstrated the maximum slowdown. Contrastingly, prices for food products and services rose quickly.
Annual inflation still significantly exceeds the target. The Bank of Russia aims to return it to 4% in 2026.
More details are available in the new issue of the Bank of Russia’s information and analytical commentary Consumer Price Dynamics.
Preview photo: Stokkete / Shutterstock / Fotodom