“In June 2021, annual inflation increased to 6.50%.
The increase is partly due to the impact of the low base.
Compared to May 2021, in June there was a slight decrease in the monthly price growth (seasonally adjusted), ”TASS reports.
The regulator said that "taking into account the timing of the exhaustion of the effects of the low base and the ongoing monetary policy, the Bank of Russia expects that annual inflation will begin to decline in the fall, will return to the Bank of Russia target in the second half of 2022 and will be close to 4% in the future." ...
Earlier, the head of the department of corporate finance and corporate governance of the Financial University under the Russian government, Konstantin Ordov, in an interview with FBA "Economics Segodnya" told whether it is possible to completely abandon the dollar in the economy.