Inflation expectations for the year ahead among Russians fell to a near two-year low of 12.4% in June 2026, down from 13% in May, according to central bank data. Inflation Expectations in Russia averaged 12.27 percent from 2010 until 2026, reaching an all time high of 18.70 percent in December of 2010 and a record low of 7.80 percent in April of 2018.