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Russia's Inflation Rate Drops to 5.6 Percent in 2025
(MENAFN) Russia's annual inflation rate dropped sharply to 5.6 percent in 2025 from 9.5 percent in 2024, the Bank of Russia announced Wednesday.
According to a central bank press release, food prices surged 5.2 percent, non-food goods climbed 3 percent, while service costs jumped 9.3 percent.
Core inflation metrics held steady within an annualized 4 to 6 percent corridor, the Bank of Russia reported, pledging to sustain restrictive monetary conditions until inflation returns to its 4 percent target.
The dramatic decline marks a significant easing from last year's elevated levels, though service sector price pressures remain stubbornly elevated at nearly double the overall inflation rate.
According to a central bank press release, food prices surged 5.2 percent, non-food goods climbed 3 percent, while service costs jumped 9.3 percent.
Core inflation metrics held steady within an annualized 4 to 6 percent corridor, the Bank of Russia reported, pledging to sustain restrictive monetary conditions until inflation returns to its 4 percent target.
The dramatic decline marks a significant easing from last year's elevated levels, though service sector price pressures remain stubbornly elevated at nearly double the overall inflation rate.
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