Last year, the Bank of Russia pursued conservative monetary policy aimed at reducing inflation. As a result, the … inflation was 5.4% (December 2016 compared to December 2015), being significantly lower than it had been in 2015 (12.9% in …

Inflation in Russia stood at 4.3% at 2018 year end, posting an increase of 0.3 percentage points over the central bank …'s target inflation rate and of 0.1 percentage points over its preliminary forecast. Early 2019 saw prices continue to heat up …, the 2019 year-end inflation is expected to vary within a range of 5.0% to 5.5%, but it is not until 2020 that inflation is …

Despite large scale external shocks seen in February-March 2020, there was no spike in inflation in Russia and at the … period-end of June, the annual inflation rate came to merely 3.2%. After a short-term price surge, which was observed in …

In 2016, the Bank of Russia implemented a conservative monetary policy aimed at mitigating inflation. Commercial banks … inflation rate and inflation expectations available during the year, a rather moderate decline in the key rate suggested growth …

In 2019, a sharp and largely unexpected slowdown in inflation led to a significant easing of monetary policy. Over the … the rising inflation risks in the H2 2018 and early 2019 caused by the raise of the VAT rate at the beginning of 2019, a …'s rhetoric regarding future decisions began to somewhat relax in March-April 2019, as the inflation index passed a local peak (5 …

since the beginning of the year, by 0.5 p.p. to 5.5% per annum. This decision was caused by an accelerated inflation … expectations. As seen by the results of May 2021, inflation in annual terms reached 6% and, according to our estimates, its year …