The head of the Central Bank Nabiullina said that the peak of inflation in Russia is expected at the end of 2022

“In annual terms, we see a peak at the end of the year,” Nabiullina answered the question about the maximum inflation in Russia.

She also said that annual inflation in Russia over the next 12 months will be in the range of 10-12%.

Nabiullina also said that inflationary pressures in Russia have stabilized over the past two weeks.