The head of the Central Bank explained the situation with inflation in Russia

She said this, speaking at the XVIII International Banking Forum "Banks of Russia - XXI century".

"The rapid growth of unsecured consumer lending is driving inflation," said the head of the Central Bank.

Earlier, Nabiullina did not rule out that in September "inflation will be somewhere around 7%."

In her opinion, the rise in prices will slow down, "as the effect of one-off factors will affect it less and less, and the effect of tightening monetary policy will be more and more."