Annual inflation continued to decline in August 2025. This is stated in the message of the Central Bank.
Over the past 12 months, prices in the country have increased by 8.1%. This is lower than in July — 8.8%.
The monthly increase in prices excluding seasonality in annual terms was 4.1% (in July — 8.4%). The slowdown in August was largely due to one-time and volatile factors. The indicators of stable inflation remained in the range of 4-6%.
Annual inflation in August, despite the decline, still significantly exceeded the target. The Bank of Russia is pursuing a monetary policy aimed at returning annual inflation to 4% in 2026 and maintaining it near this level in the future.
