Russian central bank cuts GDP growth forecast to zero, expects faster inflation
- Published on 25/07/2026 - 16:06 GMT+2•Updated 16:07 The Central Bank of Russia expects inflation at 6–7% in 2026 "due to the significant increase in fuel prices that has already occurred".
- Previously, the regulator had expected it to slow to 4.5–5.5%.
- Inflation expectations among households, businesses and financial market participants have risen.
Confirmed
- Published on 25/07/2026 - 16:06 GMT+2•Updated 16:07 The Central Bank of Russia expects inflation at 6–7% in 2026 "due to the significant increase in fuel prices that has already occurred".
- Previously, the regulator had expected it to slow to 4.5–5.5%.
- Inflation expectations among households, businesses and financial market participants have risen.
Sources: Euronews