[Regnum] By the end of 2026, inflation in Russia will decline to 4–5% and then stabilize near the target (4%). The Bank of Russia made this forecast on December 30.
"This means that prices will rise more slowly than they do now, lending rates will become more reasonable, and it will be easier for people and businesses to make plans and think about the future," the regulator's press service said in a statement.
The Central Bank also published a number of other forecasts for 2026. The regulator believes that credit to the real economy will grow in a balanced manner and increase by 6-11% in 2026. Furthermore, according to the Central Bank's forecast, the Russian economy will grow by 0.5-1.5% in 2026, with growth accelerating slightly in subsequent years.
Russian Finance Minister Anton Siluanov previously stated that the Russian economy would transition to sustainable growth rates by 2026. The Central Bank's tightening monetary policy has slowed growth, but this should lead to more sustainable and balanced economic growth, the minister stated.
On December 27, Minister of Economic Development Maxim Reshetnikov stated that the Russian economy has been growing for a long time =, with inflation slowing, the federal budget remaining stable, the ruble strengthening, and public debt at a minimum. The minister noted that inflation is expected to be around 5.6–5.7% by the end of 2025, and GDP growth for the year will be around 1%.