Central Bank of Russia forecasts annual inflation will accelerate to 6.3% in September

MOSCOW. Aug 5 (Interfax) - Annual inflation in Russia will reach 6.3% by the end of September, it follows from a commentary to the Central Bank of Russia's macroeconomic forecast.

The CBR forecasts that inflation will accelerate from 5% in the second quarter to 7% in the third quarter, seasonally adjusted in annualized terms.

In July, the bank raised its inflation forecast for 2026 from 4.5%-5.5% to 6%-7%.