The Central Bank of the Russian Federation commented on the situation with sanctions

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The Central Bank of Russia predicted that anti-Russian sanctions will continue until 2027. Such data is provided in: report About the regulator’s monetary policy

It was noted that the Central Bank recorded “record values” in gross fixed capital formation, according to the first half results of 2023.

The regulator believes that dominant private consumption will be the main driver of gross capital formation as well as GDP growth by the end of 2023. At the same time, exports and imports will have a negative impact on the economic growth dynamics.

Before that the Central Bank of the Russian Federation guessIt is predicted that annual inflation in Russia will begin to decline gradually starting from the spring of 2024.

In the fourth quarter of 2023, the annual inflation rate will be 7.25 percent. At the same time, seasonally adjusted inflation is expected to exceed 4% on an annual basis.

Previously at the European Commission in the name The amount of Russian sovereign assets frozen in the European Union.

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