nbs speech, 2025-08-13
The mentioned factors - adverse weather conditions at the start of this year's agricultural season and higher global oil prices - are the main reason why, according to our new central projection, in the remainder of the year the y-o-y inflation rate is expected to hover around the upper bound of the target tolerance band (3±1.5%), which is higher than envisaged by our May projection.
Sentiment: neutral
Topic: mp_inflation