Russian regions are diverse in infrastructure and market maturity, climatic specifics and consumer patterns; therefore, an inflation snapshot in a specific region or republic could differ from a nation-wide picture. The Bank of Russia’s new analytical project for the first time offers detailed insights into price changes in each region.
These analysis findings will be published on Bank of Russia regional branches’ websites in the second decade of every month. Detailed information will be presented on price trends and drivers behind inflation growth or decline.
The August 2020 inflation commentary is the first to be published.
The currently published commentary (Consumer Price Dynamics) covers inflation developments both nation-wide and at a federal district level. From now on, inflation developments in the regions will supplement this analytical ‘product line’.