A downward trend in inflation is visible in Russia, stated Russian President Vladimir Putin on April 25 during a speech at the congress of the Russian Union of Industrialists and Entrepreneurs.
“Today it is possible to balance and maintain the volume of loans to the economy and combat inflation, but we see that the Central Bank sees trends aimed at reducing inflation”said Vladimir Putin.
According to the president, the Central Bank of Russia maintains its key interest rate due to the threat of inflation. Otherwise, as Putin highlighted, (inflation) could reach double digits, as in Turkey and other countries.
Let us remember that the RSPP Congress began in Moscow on April 25, 2024 at 11:00 a.m. Heads of federal executive bodies, the management of the Bank of Russia, members of the Bureau of the Board of Directors of the RSPP, members of the Board of Directors of the RSPP and others are invited to participate. At the congress, in addition to the President of Russia, the deputy prime ministers and federal ministers were represented by government representatives.
Source: Rossa Primavera
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