Annual inflation in Russia fell to 6.6% in November
This is significantly lower than the 7.7% recorded in October.
Annual inflation in November was 6.6%, down by more than 1 percentage point from the previous month, the Bank of Russia press service reported.
Compared to October, price increases for services and food products, including milk, cheese, butter, and fish products, slowed significantly. Fruit and vegetable prices fell 2% from their November 2024 high. After strong growth in previous months, gasoline prices fell. Vegetable, fruit, and egg prices increased less than usual in November. Sugar prices continued to decline. Non-food price increases also slowed. Annual inflation in the food sector in November was 7.5% (9.3% in October), non-food inflation was 3.5% (3.8% in October), and services inflation was 9.4% (10.4% in October).
As a reminder, the regulator's goal is to bring inflation to 4% by 2026.
Author: Elina Akhmetova
www.bashinform.ru
© 1992-2026 Bashinform News Agency JSC. Mass Media Registration Certificate No. TU 02-01609 dated September 25, 2017, issued by the Office of the Federal Service for Supervision of Communications, Information Technology and Mass Media for the Republic of Bashkortostan.
All information and content posted on the website www.bashinform.ru are protected by international and Russian copyright and related rights legislation. All reports by the Bashinform News Agency are intended for users over 18 years of age.
When reprinting or quoting, a reference to Bashinform News Agency is mandatory. For online publications and social media, a direct active hyperlink is required. Using the Bashinform News Agency logo for purposes not related to the agency when reprinting or quoting is permitted only with the written permission of JSC Bashinform News Agency.