The Central Bank noticed the first signs of a decrease in inflation in Russia

18:06; 11 March 2025 year

The first signs of a possible slowdown in inflationary processes are being observed in Russia, although the stability of such a trend is not yet guaranteed, according to the Department of Research and Forecasting of the Central Bank of the Russian Federation.

According to the analysis of the February data, a potential downward trend in price growth is emerging. However, in order for inflation to reach the 4% target, a more significant slowdown in the current price growth is required.

"This implies the need to reduce consumer activity and increase labor productivity in comparison with the growth of real wages," the regulator said.

Despite a slight slowdown compared to the last months of last year, consumer price growth remained high at the beginning of 2025. Economic demand remains at an elevated level, despite the slowdown in lending dynamics.

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