Bloomberg reported on the victory of the Central Bank of the Russian Federation over inflation

In Russia, price growth slowed significantly in June, which shows how effective the actions of the Central Bank of Russia are in combating inflation. This was reported by Bloomberg on July 17.

"Although annual inflation remains at 9%, which is significantly higher than the Central Bank's target of 4%, the current rate of price growth is now in line with this goal, slowing down compared to the previous month," the agency writes, citing data from the Central Bank.

The authors note that a significant slowdown in monthly price growth in Russia in June is the first significant sign that the Central Bank's fight against inflation may begin to bear fruit after a period of ultra—tight monetary policy.

"This is likely to strengthen expectations that a further reduction in the key rate may occur earlier and be more significant than previously expected," the publication added.

Reduced cost: the authorities proposed to fix the prices of basic products to combat inflation

What are the risks involved and what will happen to the value of the goods next?

On July 16, the press service of the Central Bank of Russia reported that analysts had lowered their forecast for the average key rate to 19.3%. It is assumed that for the rest of 2025, the average key rate will be 17.4% per annum. It is expected that in 2027-2028, inflation will be close to the target.