Published by Global Banking & Finance Review®
Posted on July 30, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleRussia's consumer price index fell for the second consecutive week, marking deflation. The central bank cut its key rate and adjusted its inflation forecast.
MOSCOW (Reuters) -Russia's consumer price index fell by 0.05% in the latest week, the state statistical agency said on Wednesday, marking a second consecutive week of deflation.
The decrease brought overall price growth this year to 4.51%, compared with 5.06% for the same period last year. Prices for fruits and vegetables fell by 4.1% during the week.
Last week, Russia recorded weekly deflation for the first time since September 2024.
On an annual basis, inflation slowed to 9.02%, down from 9.17%, in the previous week, the Economy Ministry said.
The central bank, which closely watches the weekly inflation gauge, cut its key rate by 200 basis points to 18% last week and lowered its 2025 inflation forecast to between 6% and 7% from between 7% and 8%.
(Reporting by Gleb BryanskiEditing by Mark Potter)
Russia's consumer price index fell by 0.05% in the latest week.
Overall price growth this year is 4.51%, compared to 5.06% for the same period last year.
Russia recorded weekly deflation for the first time since September 2024.
The annual inflation rate has slowed to 9.02%, down from 9.17% in the previous week.
The central bank cut its key rate by 200 basis points to 18% last week.
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