By the end of the year, inflation in Russia may slow down.

      The head of the department, Maxim Reshetnikov, stated that with the acceleration of the economy, there will be no price surge, and the current slowdown is a result of the balanced policy of the Central Bank and the government. According to the minister, sustainable growth is possible with a balance of supply and demand, the expansion of domestic production, and an increase in labor productivity. As of May 12, the annual inflation rate was 5.5%. By the end of the year, Reshetnikov reported that it is expected to slow down to 5.2% (year on year), as reported by "Rossiyskaya Gazeta." He also noted that the producer price index for industrial goods decreased by 4% in the first quarter, and by 0.6% in the manufacturing sector, which indicates a reduction in price pressure on the retail market from suppliers.