The Central Bank of the Russian Federation predicts that by the end of the year inflation in Russia may reach 23%. This is stated in the report of the Central Bank on monetary policy, according to Russian media with reference to the regulator..

It is noted that if the forecast comes true, then inflation will set a record for more than 20 years (since 2000): then it was 28.9%.

However, the Central Bank noted that the fall of the ruble was almost completely reflected in prices (that is, until the exchange rate changes for the worse, one less factor in favor of inflation).

The Central Bank is optimistic that the Russian economy will go most of the way to adapt to sanctions by mid-2023. By this time, new sales markets will be formed, as well as groundwork for the localization of production.

Although in the report the Bank of Russia allowed an increase in unemployment due to the restructuring of the labor market.

[see_also ids\u003d"

Earlier it was reported that many experts believe that it is the oil embargo that will “bury” the Russian economy, although the Russian Federation still believes that this is not the case..

Recall that the Central Bank of the Russian Federation firmly decided to return its international reserves.