Russians have been advised to postpone large purchases until inflation drops, it is better to wait until December or even January for loans and expensive purchases. "At this point, inflation will return to the 4% target. If inflation slows down, the interest rate may be reduced by 0.5 percentage points to 13.5% in December," says Petr Shcherbachenko, an associate professor at the Financial University under the Government of the Russian Federation. The expert noted that the deposit rates will remain at the current level - from 11.7%-13%, and the terms of the loan will remain unchanged.

Russians have been advised to postpone large purchases until inflation drops, it is better to wait until December or even January for loans and expensive purchases. "At this point, inflation will return to the 4% target. If inflation slows down, the interest rate may be reduced by 0.5 percentage points to 13.5% in December," says Petr Shcherbachenko, an associate professor at the Financial University under the Government of the Russian Federation. The expert noted that the deposit rates will remain at the current level - from 11.7%-13%, and the terms of the loan will remain unchanged.