An analysis of inflation level in Russian economics

The article considers the problem of high inflation in the Russian Federation in 2024 and the measures taken by the Central Bank to control it. The main instrument for regulating inflation is the key interest rate, which increased significantly during the year (up to 21% by the end of the year) and led to more expensive loans for the population and businesses. We have analyzed the factors contributing to the growth of inflation: an increase in government spending (especially on defense), an expansion of lending to the population, a high consumer demand and a weakening ruble. The article provides statistical data on inflation, interest rates and price dynamics in various sectors of economy. Despite the tight monetary policy, inflation remained high (up to 9.52% in December 2024) with the most significant price increases in agro-industrial complex, retail trade and services. From the beginning of 2025, there is a tendency for inflation to slow down, which may lead to a decrease in the key interest rate in the future. We emphasize the difficulties in combating inflation processes and the need for further monitoring of the economic situation to stabilize the country's financial system.