Earlier, Rosstat reported that inflation from June 23 to 29 was… (июнь · цена · инфляция)
Earlier, Rosstat reported that inflation from June 23 to 29 was 0.22%, following 0.25% from June 16 to 22, 0.15% from June 9 to 15, 0.20% from June 2 to 8, and 0.15% from May 26 to June 1. The Central Bank of Russia does not consider weekly price data as an inflation indicator but expects full monthly figures for June.
Consensus
- The Central Bank of Russia considers weekly inflation data to be insufficient for assessing the impact on overall inflation
- The Central Bank awaits full monthly data for June before forming a complete picture of price dynamics
- Weekly figures are described as 'very noisy' indicators by the Central Bank
- Inflation data for the week ending June 29 was 0.22%
- The Central Bank will interpret inflation trends in context with previous months
Points of divergence
- The Central Bank's Board of Directors believes stable price growth rates are between 4% and 5% annually, seasonally adjusted — interfax
- Central Bank Governor Elvira Nabiyullina said the bank is observing space that allows for a key rate cut in July — vedomosti
Coverage (4 sources)
- Central Bank notes 'noise' in weekly fuel price data — Интерфакс
- Central Bank officials discuss whether inflation has reached its peak — Ведомости
- Central Bank has not yet assessed the impact of rising fuel prices on inflation over the past month — Ведомости
- Central Bank sees no reaction to fuel price changes in June inflation expectations — Ведомости