Russian Central Bank Says 'Wave' of Accelerated Inflation Going Down

NAMPA / Sputnik

2026-03-05

MOSCOW, March 5 (RIA Novosti) - Acceleration of inflation in January in Russia expected, but 'wave' of inflation growth already subsiding, Russian Central Bank Governor Elvira Nabiullina said on Thursday. "The data for January shows that we had an expected acceleration in price growth due to higher taxes, but then we see that this wave of rising inflation has begun to subside," Nabiullina said at the annual meeting of credit institutions with the......

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