Russian Deputy Prime Minister Victoria Abramchenko said that the increase in food prices in Russia by the end of 2023 will not exceed the inflation rate, which is predicted to not exceed 7.5 percent. This was reported by RIA News.
“We will definitely stay within the limits we planned. “We analyze the situation in the country and compare ourselves with the situation in the world markets,” he said.
According to him, global food inflation is around 18-20 percent.
According to the forecast of the Central Bank of Russia, inflation in the country will be 7-7.5% by the end of 2023. The Central Bank also determined the forecast range for 2024 as 4-4.5% instead of the previously expected 4%.
Governor of the Central Bank of Russia, Elvira Nabiullina, in her speech at the Information Society marathon within the scope of the “Russia” exhibition forum named The Russian banking system is absolutely healthy. Nabiullina noted that the banking system is the circulatory system of the economy because it “allows the conversion of savings into loans and investments in general.”
Previously Mishustin in the name Avoid excessive optimism.