The Central Bank told about the growth of annual inflation to 6.15%

“As of June 7, the annual inflation rose to 6.15%.

The indicators reflecting the most stable processes of price dynamics, according to the Bank of Russia estimates, also increased in May and are significantly above 4% in annual terms, ”the statement says.

This situation, the regulator notes, is a reflection of the fact that "the steady growth of domestic demand outstrips the possibility of expanding supply in a wide range of industries."

“In the context of the ongoing monetary policy, annual inflation will return to the goal of the Bank of Russia in the second half of 2022 and will be close to 4% in the future,” the Central Bank added.

Earlier it was reported that the Board of Directors of the Bank of Russia decided to raise the key rate to 5.5% per annum.