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A customer picks potatoes at a supermarket in Saint Petersburg, Russia May 30, 2025. Anton Vaganov
A customer picks potatoes at a supermarket in Saint Petersburg, Russia May 30, 2025. Anton Vaganov
Home
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Russian July inflation slows to 0.54% m/m

August 12th, 2026 | 16:37 PM MARKETS Asian Markets 1

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Fed's Hammack tells CNBC rate hikes may be needed to quell high inflation
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By Reuters

Russia's consumer ​price index (CPI) ‌rose 0.54% in July after ​increasing ​0.87% in June, ⁠data from ​the state ​statistics service showed on Wednesday.

Annual inflation ​eased ​to 5.98% from 6.02% ‌a ⁠month earlier.

Consumer prices fell 0.06% in ​the ​week ⁠to August ​10, following ​deflation ⁠of 0.02% in the ⁠previous ​week.

  • Topic
  • Russia
  • ECONOMY/INFLATION (URGENT)
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