The growth of prices in Russia is likely exhausted, said the Chairman of the Bank of Russia Elvira Nabiullina at a press conference. According to her, in the last week inflation was about zero. In the last two weeks it has been stable just above 3%.”As for inflation, apparently, the acceleration of inflation associated with the weakening of the ruble and a temporary increase in demand for commodities, exhausted,” said MS Nabiullina (quoted on the website of the Central Bank).She also said that annual inflation may reach a local peak in the summer. If necessary, the Central Bank may revise its inflation forecast for the year 2020 in June, “if there is a need for some clarifications”. “For a more complete assessment of the current level of inflationary pressures need to wait for a significant lifting of the restrictive measures that constrain both production and consumption. And as of the calculation base very low monthly values of the summer and autumn of last year annual inflation likely will increase,”— said Elvira Nabiullina. According to the calculations of Rosstat, in the context of the pandemic in April, annual inflation has accelerated and amounted to 3.1% in March, consumer prices rose by 2.5%. Most prices increased for vegetables, fruit and buckwheat. According to the forecasts of the Central Bank, by the end of 2020 inflation in the country will amount to 3.8–4.8 per cent.On how plans to act of the Central Bank in the conditions of a pandemic, read in the material “Kommersant” “cash Potent drugs.”
