“About inflation: in the base case, by the end of December, we expect it at the level of 5.8%, in the medium-term horizon we expect it at the level of 4%,” TASS quotes him.
At the same time, the ministry raised the forecast for the average annual dollar rate for 2021 to 73.6 rubles, while the July forecast assumed the dollar exchange rate at 72.8 rubles.
As the head of the Central Bank Elvira Nabiullina noted earlier, the rapid growth of unsecured consumer lending is accelerating inflation in Russia.
She also 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."