Inflation in Russia

 Russia's central bank lowers inflation forecast

Russia's Central Bank sees full-year inflation at around 3.2% in 2017, Central Bank Governor Elvira Nabiullina said. Nabiullina said that inflation in Russia is currently below 3% but it does not suggest a deviation …

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 Russia's authorities concerned about too low inflation

Russia's annual inflation this month will be below 3%, which, however, can ot be assessed as a positive phenomenon in terms of deviation from the Central Bank's goal of 4%, the head of the Russian Ministry of Economic Development …

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Economic records of post-crisis Russia

Russia's inflation has reached a historical minimum, the Russian Prime Minister Dmitry Medvedev said at today's government meeting  "The positive dynamics of the gross domestic product is being …

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Russia restores economic growth rates, Putin says

The Russian economy is growing by more than 2%, and inflation has fallen to a record low level, Russian President Vladimir Putin told his BRICS colleagues during an expanded summit meeting today. ”The economic growth rates are …

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Why will low inflation not save Russian economy?

The excessively rapid decline in inflation is not a healthy process, it will be rather a problem for Russia's economy, the head of Sberbank German Gref said during a broadcast on the Rossiya 24 TV channel. According …

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Putin: Russia on brink of victory over inflation

Inflation in Russia continues to decline, Russian President Vladimir Putin said at a meeting on economic issues. "This year, a steady decline of inflation continues, the figure broke the psychological mark of 5% in …

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Ruble grows amid growing oil

Oil prices, after falling the day before, began to recover gradually due to a thorough implementation of the agreement on the production cuts. Thus, the March futures for Brent crude oil on London's …

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Russian economy to start growing in 2017

The Russian economic situation improved in 2016 as compared with the last year, and the economy will expand about 1% in 2017, the Economic Development Minister Alexei Ulyukayev said at a meeting with Italian businessmen. …

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Russia's inflation reaches record level

Russia has the lowest inflation in 25 years, in the next year it is expected to be 4%, the Russian Prime Minister Dmitry Medvedev said at the 30th meeting of the Foreign Investment Advisory Council (FIAC). "We …

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