The Bank of Russia applies monetary policy measures to support price stability in the Russian economy. Sustainably low inflation is an important part of a favourable business environment for companies and comfortable living conditions for Russian citizens. Consistent monetary policy aimed at holding price growth paces at a low level raises predictability of economic conditions and gives confidence in production and investment planning and long-term savings. Only stable prices allow successful implementation of the measures announced by the Russian Government to further unlock the potential of the Russian economy.