The Central Bank of the Russian Federation predicted a further slowdown in annual inflation in Russia

Annual inflation in Russia will continue to slow down. This was announced on August 8 by Alexey Zabotkin, Deputy Chairman of the Bank of Russia.

"The estimate for the last weekly point is 8.9% year—on-year, the current annual price growth rate is lower. Annual inflation will continue to slow down," he said in a discussion with users on the regulator's Telegram channel.

At the same time, the deputy chairman of the Central Bank stressed that the Bank of Russia is not yet considering holding an extraordinary meeting on the rate against the background of lower inflation.

Persistent deflation: why prices in Russia have been declining for the third week in a row

The cost of consumer goods decreased by 0.13%

Earlier, on July 25, the Central Bank of the Russian Federation lowered the key rate to 18% per annum. It was noted that further decisions on the key rate will be made depending on the sustainability of the slowdown in inflation and the dynamics of inflation expectations. According to the Central Bank's forecast, annual inflation will decrease to 6-7% this year, and return to 4% in 2026.

The head of the regulator, Elvira Nabiullina, in turn, said that the Central Bank allows for a reduction in the key rate by 1, 1.5 or 2% in the future.

All important news is on the Izvestia channel in the MAX messenger.