# Sharp rise in utility bills pushes Russia’s inflation further off target

https://mins.news/en/item/41660

- euronews, 2026-09-02 08:34 UTC
- Economy
- Original: http://www.euronews.com/2026/09/02/sharp-rise-in-utility-bills-pushes-russias-inflation-further-off-target

> Utility tariffs will rise again in October after a January increase, marking the first double hike in four years. The central bank says the move will drive annual inflation further above its 4% target as the economy faces pressure from war costs, sanctions and a 21% key interest rate.

## Related coverage

- [Bank of Russia to keep inflation near 4%, consider lowering target in future](https://mins.news/en/item/38697) — TASS, 2026-08-31
