The Central Bank of Russia reported that prices rose faster in 80 Russian regions in June than in May, largely because of one-off factors. Food and fuel were the main drivers, while service price growth slowed in more than half of the regions, though it remained high overall. Food prices increased in most regions, mainly because fruit and vegetable prices moved up in June after a sharper-than-usual decline in April and May. Non-food prices were pushed up mostly by higher petrol and diesel prices linked to lower production and temporary supply disruptions. Excluding petroleum products, non-food prices fell on average in nearly 40 regions. Service price increases slowed in more than half of the regions, and some regions saw average prices decline, mostly because demand for domestic tourism became more moderate. The central bank said it will continue monetary policy aimed at achieving sustainably low inflation across all Russian regions.
Central Bank of Russia2026-07-17
Central Bank of Russia says price growth accelerated in 80 regions in June, driven by one-off food and fuel factors
The Central Bank of Russia said price growth accelerated in 80 regions in June compared with May, mainly because of one-off increases in food and fuel prices. Fruit and vegetables rebounded after earlier declines, while petrol and diesel rose on supply constraints. Service inflation slowed in more than half of the regions but remained elevated overall.