Bank of Russia Aims to Achieve Sustainable Price Stability by 2026

Elvira Nabiullina announced a slowdown in inflation and the economy's transition to balanced growth.

SUMMARY

The Bank of Russia plans to achieve and maintain sustainable price stability with inflation at 4% by 2026. The head of the regulator, Elvira Nabiullina, noted a significant slowdown in inflation and the economy's shift to balanced growth rates. President Vladimir Putin expressed optimism about reducing inflation below 6% by the end of the year.

KEY HIGHLIGHTS

The Bank of Russia aims to reach 4% inflation and sustainable price stability by 2026.
Inflation in Russia has significantly slowed, and the economy is moving towards balanced growth.
President Putin stated that the government is working to reduce inflation below 6% by the end of the year.

CORE SUBJECT

Bank of Russia's plans to achieve price stability

Elvira Nabiullina emphasized that inflation in the country has significantly slowed down, and the economy is transitioning to balanced growth rates.

MOSCOW, December 19. /TASS/. The Bank of Russia intends not only to reach 4% inflation by 2026 but also to sustainably secure price stability, said the head of the regulator Elvira Nabiullina at a press conference following the regulator council meeting.

"Next year, we would like not just to touch 4% inflation but to sustainably achieve price stability. We want our citizens and businesses to feel the benefits of low inflation," she said.

Nabiullina added that inflation in the country has significantly slowed, and the economy is moving towards balanced growth rates.

Earlier, speaking at the "Direct Line" session, Russian President Vladimir Putin stated that the government is working on slowing inflation and is optimistic that the figure will fall below 6% by the end of the year.

KEYWORDS

inflation Bank of Russia price stability economy Elvira Nabiullina

MENTIONED ENTITIES 4

Elvira Nabiullina

👤 Person_Female

Head of the Bank of Russia

Bank of Russia

🏛️ Organization

Central Bank of the Russian Federation

Vladimir Putin

👤 Person_Male

President of the Russian Federation

Russia

📍 Location_Country

Country where the event takes place

NOTABLE QUOTES 1

"Next year, we would like not just to touch 4% inflation but to sustainably achieve price stability. We want our citizens and businesses to feel the benefits of low inflation."

— Elvira Nabiullina 2025-12-19

Context: Press conference following the regulator council meeting

Bank of Russia Aims to Achieve Sustainable Price Stability by 2026 — Regulator