Putin expressed confidence that a consensus will be reached in case of inflation

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Russian President Vladimir Putin said that there is currently a lot of discussion about responding to inflationary risks, but Russian officials have always found a consensus and will now find it. According to the Kremlin, the head of state said this at the meeting of the Council for Strategic Development and National Projects.

“There are many conflicts here, but we have always agreed, and now we will,” said Putin.

Noting that inflationary risks have increased in the country, the President instructed the government and the Central Bank to keep the situation under control and to formulate its economic policy accordingly.

In early August, the Ministry of Economic Development in its report “On the current price situation” reportedThat inflation will be 5.3% in 2023.

July 31 Central Bank of the Russian Federation made a guessHe said that the annual inflation rate will continue to rise in the coming months. Economists of the Central Bank of the Russian Federation predict that inflation will be 4.5-6.5% in 2023, and then return to 4%.

Previously, the Central Bank of the Russian Federation sharply raised up to 12% key rate in an unscheduled meeting.

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