Russia’s annual inflation slowed to its lowest level in five years in 2025, according to data from the country’s central bank. The figures show a marked easing in consumer price growth across much of the economy.

Year-on-year inflation stood at 5.59% in December, down from 6.64% in November, the Bank of Russia (CBR) reported this week. Over 2025 as a whole, price growth eased noticeably compared to the previous year, with non-food items rising by an average of 3% and some categories – including cars, electronics, footwear and household appliances – becoming cheaper. Services increased by 9.3% and food by 5.2%.

Seasonally adjusted, the monthly…

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