Central Bank analysts expect Russia’s GDP to fall by 1.1% in 2023 and inflation to be 6%

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Analysts of the Central Bank of Russia declarationIn Russia, inflation could reach 6% in 2023 and GDP could decrease by 1.1%.

Analysts slightly improved the 2024 growth forecast for the Russian economy to 1.5% and did not change their 2025 forecast (1.5% growth).

According to experts, the change in GDP from 2025 to 2021 will be minus 0.2%.

Previously, at the end of 2022, the number of bank cards in the Russian domestic market has increased significantly. grew up. In 12 months, this figure rose to 389.6 million with a record increase of 18%.

For comparison, at the end of 2021, 301 million bank cards were in circulation in the Russian domestic market. The article concludes that this figure is 9% less for the 12 months of 2020.

On March 8, Olga Daineko, an analyst at the NIFI Financial Literacy Center (MinFin) of the Ministry of Finance, called for keeping planned spending on a bank card for a week. This method is a convenient way to save money. However, you should not leave all the money on the card alone – part of the funds should be allocated to savings accounts to increase income.

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