# Bank of Russia chief discusses inflation, ruble and growth

https://mins.news/en/item/140785

- TASS, 2026-11-12 14:19 UTC
- Economy
- Original: https://tass.com/economy/2217207

> The Bank of Russia expects inflation to return to its 4% target next year, growth to accelerate gradually and the key rate to decline cautiously, Governor Elvira Nabiullina said. She described current ruble fluctuations as not excessive given sanctions and other circumstances, and said Russia’s economy could grow by up to 1% this year. Investment has risen over the past two quarters and is expected to grow in 2027.