The Bank of Russia will maintain the key interest rate under current conditions, taking into account the expected slowdown in inflationary processes, Chairman of the State Duma Committee on Financial Markets Anatoly Aksakov told TASS.
Author:
https://rb.ru/author/ntihonov/
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Recall that at the end of July the Central Bank of the Russian Federation raised the official interest rate from 16% to 18% per annum. the last time before
“I hope that the Central Bank will not raise it. Among other things, I hope that inflationary processes will not develop so rapidly in the second half of the year,” Aksakov said.
According to him, inflation remains high at the moment. The pace of industrial production and other sectors of the economy has started to grow, and Russians’ salaries are also rising.
All of these factors put additional pressure on the consumer market, which needs to “catch up” by producing consumer goods. Growth in goods and supply is slower than growth in wages, which means that prices are rising because supply is not growing as fast as “demand.”
We previously wrote that the share of the dollar and euro in export payments fell to 17.6% in the second quarter.
Author:
Nikolai Tikhonov
Source: RB
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