Bank of Russia’s second quarter annual inflation forecast for the Russian Federation 3.6%

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The Central Bank of Russia forecasts 3.6% annual inflation in the second quarter of 2023. This is stated in the report on the website. regulator.

It is noted that 2023 inflation is projected to be between 4.5% and 6.5%.

Former Russian President Vladimir Putin discussed The situation in the economy with Maxim Reshetnikov, Minister of Economic Development of the Russian Federation. Putin and Reshetnikov discussed the dynamics of macroeconomic indicators as well as tools to encourage large investments. Also, Putin and Reshetnikov talked about the support system for small and medium businesses. Reshetnikov noted that by the end of 2023, Russia will be among the leaders among developed countries in terms of economic growth. Small businesses have become a real driving force in the structural restructuring of the Russian economy.

In addition, the Minister of Economic Development said at his working meeting with Putin that in April 2023, the inflation rate in Russia was only 2.6%. According to him, in March, Russia had one of the lowest rates among developed countries – 3.5%.

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