Russian President Vladimir Putin said that inflation in Russia in the first quarter of this year could approach 5 percent from today’s 11.9 percent. The head of state said in an interview on the program “Moscow. Kremlin. A piece of Putin has been published. telegraph channel journalist Pavel Zarubin.
Putin emphasized that the situation in the economy is stable and, as can be understood from all macroeconomic indicators, “much better” than forecasts. According to him, unemployment is at a “historic low” and inflation is lower than expected and on a downward trend.
“I believe it will approach 5% from 11.9% today according to the results of the first quarter of this year, and this is a very important indicator for providing people with a decent standard of living and real income.” said the president.
He noted that industrial production, agriculture and construction are also on the rise.
Maxim Reshetnikov, former head of the Ministry of Economic Development estimatedIn the second quarter of 2023, inflation may remain below 4%, which is the main indicator.