{{dayPoint.date | date : 'd MMMM yyyy'}}

{{newsPoint.title}}

{{newsPoint.title+ ' '}}

{{newsPoint.subtitle}}

Russia’s annual inflation to be 5-6% at year-end — Central Bank

Inflation in Russia is 7.1% year-on-year as of August 1

MOSCOW, August 3. /TASS/. Annual inflation in Russia is expected to decline to 7.3% as of the end of July and will be 5-6% as of the year-end, press service of the Central Bank told TASS on Wednesday.

Read also

"The Bank of Russia expects annual inflation will decline to 7.3% as of the end of July (after 7.5% in June), considering smaller increase of utilities payments than a year earlier, good harvest outlooks and moderate consumer mood. The favorable harvest outlook provides grounds to expect seasonal price drop for foods in August-September, primarily to fruit and vegetables," the Bank of Russia said.

The base case outlook of the Bank of Russia remains the same: inflation slowdown to 5-6% by the year-end is expected, the regulator said.

Meanwhile, inflation in Russia is 7.1% year-on-year as of August 1 and is expected to be 6.5% by the end of the year, press service of the Ministry of Economic Development told TASS.

Deflation of 0.1% was registered in Russia from July 26 to August 1 for the first time this year, the Federal State Statistics Service Rosstat said earlier on Wednesday. Consumer prices grew 0.6% from the beginning of July and 4% from the year beginning, Rosstat reports.

"According to our estimate, inflation is 7.1% year-on-year as of August 1, 2016. Scenario conditions provide for inflation at the level of 6.5% (at the year-end). Scheduled revision of all outlook indicators subject to available reporting information will take place in August-September," the ministry said.

Tags

Oil supplies to Hungary via Druzhba pipeline resume — top Hungarian diplomat

Reuters reported earlier that oil supplies to Belarus and EU countries via Druzhba had been suspended on December 19 due to technical problems

Oreshnik test launch forces London to take a step back — Russian ambassador

According to Andrey Kelin, the UK’s official reaction to the launch of the Oreshnik missile was rather vague

Putin’s talks with visiting Slovak PM over — Kremlin spokesman

Dmitry Peskov added that it is not planned to issue any joint statements

PREVIEW: Putin expected to unveil several transport facilities

According to Kremlin Spokesman Dmitry Peskov, Putin has several closed-door meetings slated for December 22

Zelensky actually flips the bird to Trump by insulting Putin, Medvedev says

The politician emphasized that "the president of a major country should be extremely polite and amiable"

Russian cancer vaccine to be free of charge — top oncologist

It is planned to launch it in general circulation in early 2025

Topic of Russian gas transit expected to be discussed by Putin, Slovak PM

"We’d better wait for the meeting to end to learn what they discussed," he Dmitry Peskov said

IN BRIEF: What is known about drone attack on residential buildings in Kazan

TASS has gathered the main information about the incident

Israeli delegation discussing in Doha ways of reaching deal om Gaza — TV

The Al Arabiya television channel said that, citing a source

Ukraine’s General Staff admits tense situation along entire frontline

The Ukrainian military also admitted the Russian army’s supremacy in terms of military equipment and the size of personnel

Russian forces destroy two Ukrainian Su-27 fighter jets in 24 hours — defense ministry

The Russian Aerospace Forces downed two Su-27 fighter jets of Ukraine’s air forces in 24 hours

Top Turkish diplomat calls for listing anti-Syrian sanctions

According to Hakan Fidan, during his contacts with al-Sharaa he "saw the Syrian leadership’s strong will and commitment in this area,"

Proposal to duel with West response to claims of Oreshnik missile vulnerability — Kremlin

Kremlin Spokesman Dmitry Peskov noted that Russian President Vladimir Putin thus meant that the Oreshnik missile is a generation ahead of all existing weapons, while not being a nuclear weapon itself

Oreshnik’s launch is sudden, undetectable by satellites — analyst

The range of the Oreshnik system is up to 5,500 kilometers

Commander Makarov was killed in fighting to repel Ukrainian attack — ministry

Russian Defense Ministry Spokesman Igor Konashenkov also informed of the death of the deputy commander of the army corps for military-political work, Colonel Yevgeny Brovko, who led the efforts of the personnel

Syrian development help prevent regional war — Syria’s new leader

Ahmed аl-Sharaa expressed hope for building strategic relations with Lebanon

Georgian president demands appointing snap elections within week

Salome Zourabichvili also promised to announce her further plans on Monday

Putin signs law imposing life imprisonment for sabotage — document

The law also introduces an 8-to 15-year prison term with a fine of 300,000 to 700,000 rubles for persuading, recruiting or otherwise drawing in a person to commit sabotage, including for financing a subversive act

Trump warns dollar to be displaced as number one world currency over Biden’s policy

It is noted that China is trying to displace the US dollar as the number one currency throughout the world

Bank of Russia keeping close eye on prevention of excessive cooling of economy

The regulator said earlier following its board meeting that the cooling of credit activity has already encompassed all segments of the credit market

Russia calls Israel’s annexation of Golan Heights unacceptable — MFA

"Israel must return to the full compliance with the well-known 1974 agreement with Syria," Deputy Foreign Minister Sergey Ryabkov stressed

IN BRIEF: Assad in Moscow, security of Russian bases: what Kremlin source said

According to the source in the Kremlin, Russia has granted asylum for Syria’s former President Bashar Assad and his family members

Two freight trains collide at Trans-Baikal Railways, traffic suspended

Both freight trains loaded with coal collided at the Bushulei-Zhireken railway section

NATO spies study damage from Oreshnik at Yuzhmash — expert

Alexander Stepanov emphasized that both Kiev and its Western allies are closely scrutinizing the consequences of the strike on the plant

First batch of nuclear-armed drones Poseidon manufactured for special-purpose sub Belgorod

According to the source, various trials of core components of Poseidon underwater drones, including the nuclear power

ISS orbit raised ahead of launching Soyuz manned spacecraft

As preliminary data suggest, the ISS orbit was raised by 2.3 km to 416.43 km above the Earth’s surface

US confirms strikes on Houthi command posts in Yemen

CENTCOM forces also shot down several Houthi unmanned aerial vehicles and an anti-ship cruise missile over the Red Sea

Putin describes ban on Russia’s use of US dollars as ‘complete foolishness’

The Russian president pointed out that this desision damaged the US economy and undermined the power of the United States across the world

Putin responds to question about Russia's weakness by quoting Mark Twain

The president noted that Russia had become much stronger over the past two or three years as it became a truly sovereign country

Serbia will never joint anti-Russian sanctions, deputy prime minister vows

Aleksandar Vulin noted that he is "not optimistic about prospects for the United States changing its policy toward Serbia" after the inauguration of President-elect Donald Trump

Magdeburg attacker may be charged with murder of 5, attempted murder of 205 — prosecutor

The motive for committing the crime could have been dissatisfaction with the treatment of Saudi refugees in Germany, Dr. Horst Nopens, Head of the Magdeburg Public Prosecutor’s office, said

Pentagon studied ways to spread bird flu via Ukrainian center, top brass says

"As part of the project, it was assessed under what conditions the virus’ transmission would become uncontrolled, cause economic damage and create risks for food security," Chief of Russia’s Radiation, Chemical and Biological Protection Force Igor Kirillov said

AI can help generate personalized cancer vaccines in an hour — Russia’s vaccine chief

Now it takes quite long to build personalized vaccines because computing of how a vaccine should look like uses matrix methods, Alexander Gintsburg said

US administration believes Assad may lose power next week — media

There is a growing consensus within the US administration that such a scenario is becoming increasingly likely, an unnamed US official told CNN

Drone attack triggers fire at fuel infrastructure facility in Russia’s Oryol Region

Currently, the Oryol Region is yet again under a massive enemy UAV attack

An-2 plane missing in Kamchatka located, survivors found — regional emergencies ministry

According to the press service of the regional Emergencies Ministry, all three people onboard the plane survived the emergency landing

Turkish president calls on West to stop Israel in Syria before it’s too late

"All international mechanisms need to be effectively employed in order to prevent Israel from exploiting the situation in Syria," Recep Tayyip Erdogan said

Almost 20 drones downed over four Russian regions, Black Sea last night

According to Russia's Defence Ministry, attempts to conduct attacks against facilities on Russian soil were thwarted

Putin opens new transport infrastructure sites in Russian regions via video link

Putin also took part in the ceremony of opening international airports in Magadan, Cheboksary, and Stavropol

Civilian manufacturers ramp up drone production to 40,000 units per month

The Russian Defense Ministry has also purchased more than 100,000 units from small design bureaus and civilian manufacturers, the statement said

Press review: Israel and Hamas near a truce while Zelensky drafts a new negotiation plan

Top stories from the Russian press on Thursday, December 19th

Russia’s banking sector expected to move from surplus to liquidity deficit in 2024

The Bank of Russia also expects that inflation will slow down and amount to 5.7% in quarterly terms in the Q1 of 2024

Russia declassifies intel about France’s plans to send 2,000 troops to Ukraine

SVR Director Sergey Naryshkin said on March 19 that Paris was already preparing to send some 2,000 troops to Ukraine

Armenian PM receives invite to year-end informal CIS summit in St. Petersburg — Kremlin

According to Dmitry Peskov, although the upcoming meeting will be informal, its agenda is going to be quite busy

Russia’s Battlegroup South liberates settlement of Ostrovskogo in DPR — Defense Ministry

"The enemy lost up to 285 troops, two armored combat vehicles, two motor vehicles, a D-30 122 mm howitzer, a US-made M119 105 mm howitzers and five field ammunition depots," the ministry added

Ukrainian troops struggling to escape being trapped in Lozovaya in Kharkov region — expert

In general, "quite active hostilities" are taking place near Dvurechnaya and Lozovaya in the Kupyansk sector of the line of engagement, Andrey Marochko noted

Response to Ukrainian attack on Russia’s Rylsk to come shortly — Russia’s UN envoy

Vasily Nebenzya warned as he denounced the attack as yet another unambiguous step by the Kiev regime toward escalation

Ukraine's refusal to transit Russian gas will hit EU economies hard — French expert

According to Jacques Sapir, the decision not to extend transit contracts was no surprise given the political landscape

FIFA 2018 World Cup effect on Russia's GDP to reach $2.3-3.2 bln per year over 5 years

It is expected that about a third of the future effect of the tournament will come from the development of tourism

Russia continues to provide military assistance to Syria — Lavrov

"It is not our business to forecast," he said

Strike on SBU control center response to Russian general’s assassination, expert says

The ministry clarified that Ukraine launched a missile strike against the Kamensky Integrated Plant in the Rostov Region using six US-made ATACMS missiles and four Storm Shadow cruise missiles

Hungary wants to maintain ties with Russia under its economic neutrality policy — PM

Victor Orban also said that hopes for the development of economic cooperation with the United States after President-elect Donald Trump takes office

Damage to Portuguese Embassy in Kiev caused by Ukrainian air defense — Russian diplomats

Reporters are ramping up Russophobia, distorting the facts while writing on this matter, the Russian Embassy in Portugal said

Trump to rely on forces that brought him to power — Russian presidential aide

Nikolay Patrushev agreed that Trump, when he was still a candidate, "made many statements critical of the destructive foreign and domestic policies pursued by the current administration"

Lavrov says Syrian opposition needs to distance itself from terrorists

Countries shouldn’t rely on terrorists for achieving their goals, in contrast to what is now happening in Syria, Russian Foreign Minister Sergey Lavrov said at the Doha Forum

Latest nuclear-powered sub Arkhangelsk to join Russian Navy by yearend

The Arkhangelsk submarine was rolled out from the slipway of the Sevmash Shipyard on November 29, 2023 for completing its construction afloat

Assad allegedly hands list of military targets over to Israel before leaving Syria — media

According to the Turkish newspaper, the former Syrian president did it to ensure his own safety

CIA station in Kiev targeted in recent Russian attack, military expert reveals

According to Alexander Stepanov, strikes are systematic efforts to gradually wipe out the military capabilities of Ukraine

Syria’s new government wants to build strategic relations with Turkey

Ahmed al-Sharaa also said he will not "tolerate uncontrolled arms trafficking" across the country

Slovak PM thanks Putin in Russian for meeting with him

This was Putin’s first personal meeting with Fico since 2016

Rostec works on fourth, next generation of Ratnik combat gear

Research is in progress into using powered exoskeletons, micro-drones and new weapons, the Rostec official said

Press review: South Korean president impeached as Ukraine turns to foreign mercenaries

Top stories from the Russian press on Monday, December 16th

Father of conscript who killed 8 in Siberia asks son to cooperate with investigators

The father said that his son would like the unit where he had served to be disbanded

Press review: Who benefits from Russian general's murder as Trump lacks Kremlin strategy

Top stories from the Russian press on Wednesday, December 18th

Oil supplies to Hungary via Druzhba pipeline resume — top Hungarian diplomat

Reuters reported earlier that oil supplies to Belarus and EU countries via Druzhba had been suspended on December 19 due to technical problems

Russia to retaliate against Ukrainian strikes, just as Putin said — Kremlin

"Russia’s position is well known, it was voiced by Putin back in St. Petersburg," Dmitry Peskov stressed

Arkhangelsk nuclear submarine ready to join Russian Navy — Sevmash Shipyard CEO

Project 885M nuclear-powered submarines carry Oniks and Kalibr-PL cruise missiles as their basic strike weapons

Kiev to face more destruction after its UAV attack on Kazan, Putin warns

"We will not only restore the damage that some attempt to cause to us but will also move forward even at a faster pace as we are doing now," Russian President said

Israeli minister’s suggestion of nuclear strike on Gaza raises questions — Russian MFA

Maria Zakharova stressed that such statements by Israeli officials shed light on the true reasons why Tel Aviv was opposing the establishment of a nuclear-weapon-free zone in the Middle East

Plane from St. Petersburg makes emergency landing at Nizhny Novgorod

Nobody was injured

Rescue team departs to missing An-2 plane’s search area in Kamchatka

The search effort is hampered by foul weather, blizzards and low clouds

Trump appoints TV producer Burnett as special envoy to UK

The new special envoy will be in charge of trade and investment issues, as well as the cultural exchange between the two countries

Putin holding talks with visiting Slovak PM

According to Putin’s press secretary, the meeting is being held one-on-one

Death toll from Israeli strikes on Gaza Strip exceeds 45,200 — health ministry

More than 107,600 people received wounds

Russian forces control more than half of Chasov Yar in DPR — expert

Andrey Marochko noted that Russian forces had "slightly advanced" in the northern and southern parts of Chasov Yar

Russian 'soldier of the future' combat gear tested in Syria

The Ratnik is a system of advanced protective and communication equipment, weapons and ammunition

Russian troops liberate two communities in Donbass area, Kharkov Region over past day

Russia’s Battlegroup Center inflicts 480 casualties on Ukrainian army over past day

Putin calls Oreshnik missile development ‘an historic event’ for space rocket industry

Russian President also said that he had handed down direct instructions to produce and test-fire the Oreshnik hypersonic missile

Lavrov describes attack by insurgents in Syria as carefully planned

"We will oppose this in every possible way. We will support the legitimate Syrian government. And at the same time, of course, we will actively advocate the need to resume dialogue with the opposition, as required by [UN] Resolution 2254," Lavrov continued

Russian missile cruiser Admiral Nakhimov to become world’s strongest warship after upgrade

The heavy nuclear-powered missile cruiser Admiral Nakhimov has been under repairs at the Sevmash Shipyard since 1999; real work on the warship has been carried out since 2013

US Navy cruiser mistakenly downs F/A-18 fighter over Red Sea

According to US Central Command, the incident occurred during airstrikes on Houthi facilities

Is Gaddafi's gloom prophecy in regard to Europe bound to be fulfilled?

As Europe’s migrant crisis grows far and wide, many Russian media are recalling the late Libyan leader Muamar Gaddafi’s gloom prophecy made several months before his violent death

Kiev takes out its anger for military defeats on Russian people — diplomat

Foreign Ministry Spokeswoman Maria Zakharova also emphasized that Moscow is outraged by the hypocritical silence of the West and its media on the terrorist attacks in Russia

Ukraine loses over 300 troops, two Bradley vehicles in Kursk Region in past day

Eight motor vehicles and two electronic warfare stations were also destroyed? the ministy added

Key rate, inflation and criticism of Central Bank: statements by regulator’s chief

The Bank of Russia has taken a pause in raising the key rate, though a long period of tough monetary policy will be required to bring inflation back to the target

West should consider Putin's words on Oreshnik missile duel — diplomat

Foreign Ministry Spokeswoman Maria Zakharova emphasized that the rhetoric about "inflicting a strategic defeat on Russia" is firmly rooted in the mentality of the NATO regimes not at all as hypothetical assumptions

Russia ready to normalize relations with US without detriment to its interests — Putin

The previous generation of Russian politicians chose the course towards the country’s destruction for the sake of joining the so-called civilized world but this was what the West wanted, President Vladimir Putin

Tavrida Highway in Crimea is ready by more than 60% - Russian Transport Minister

According to the schedule, seven sections of the highway will be commissioned by December 2020

Baltic states threaten mass deportation of Russians, take lead in Russophobia — statement

The Foreign Ministry noted that the facts of discrimination and persecution of Russians are often ignored by the official leadership of countries and international human rights agencies, leading many victims to remain silent

Press review: Putin outlines Russia's future goals and Tehran faces energy blackout riots

Top stories from the Russian press on Friday, December 20th

Syrian militants come close to Damascus — report

Syrian army units withdrew from some suburbs of the Syrian capital, Al Jazeera said

Russia offers safe haven for people trying to escape Western liberal ideals

Under the document, such foreign nationals will have the right to apply for temporary residence in Russia "outside the quota approved by the Russian government and without providing documents confirming their knowledge of the Russian language, Russian history and basic laws"

Ukraine to halt Russian gas transit on January 1, 2025 — Ukrainian PM

The restart of transit via the Ukrainian gas transportation system is possible at a request of the European Commission if this is not Russian gas, Denis Shmygal said

Ukraine may cease to exist by 2034 — Russian security official

Dmitry Medvedev noted that Ukraine will never join NATO

Mourhaf Abu Qasra becomes top Syrian defense official in transitional government — TV

According to Al Watan newspaper, Abu Qasra was the commander of the military wing of the Hayat Tahrir al-Sham movement

Two high-speed amphibious assault boats enter service with Russia’s Baltic Fleet

The vessels are designated to sealift and land an assault force, provide fire support for the landing party, participate in anti-saboteur measures

Houthis say attacked US aircraft carrier in Red Sea, shot down US fighter jet

According to the Houthi spokesman, the strike on US vessels was delivered with the use of "eight cruise missiles and 17 drones"

Air raid alert issued in six Ukrainian regions

Earlier, an air raid alert was declared in the Kiev, Sumy and Chernigov Regions

Bank of Russia sees signs of cooldown in construction, coal mining — governor

The regulator expects that banks will be more conservative in the next year in building up their loan portfolios

Civilian industrial complex supplies Russian army with over 65 types of units — top brass

Russian Defense Minister Andrey Belousov praised the new mechanisms for accelerating the introduction of advanced weapons and equipment developed by the civilian defense industrial complex in the interests of the Russian army

Putin agrees 'Russian world' now faces war

The Russian leader also agreed with Sergey Mironov, head of the "A Just Russia - For Truth" faction in the Duma, who said that "the birth rate is insufficient, because the matter concerns extinction"