The Central Bank of Russia predicts a return of annual inflation to 4% in 2024. “The Bank of Russia will set the key rate in such a way as to reduce annual inflation to 4% in 2024 and keep it at this level in the future,” the Central Bank said in a report. The regulator noted that in 2022 the Russian economy entered a phase of structural adjustment due to the introduction of unprecedented external trade and financial restrictions. Earlier it was reported that annual inflati
“The Bank of Russia will set the key rate in such a way as to reduce annual inflation to 4% in 2024 and keep it at this level in the future,” the Central Bank said in a report.
The regulator noted that in 2022 the Russian economy entered a phase of structural adjustment due to the introduction of unprecedented external trade and financial restrictions.
Earlier it was reported that annual inflation in Russia in July 2022 slowed to 15.1% against 15.9% in June.