“Now we can confidently say that by the end of 2022, inflation in our country will not exceed 15%.

This means that from now until the end of the year, the inflation rate will not exceed the target level of 4%.

And for many groups of goods, we will see an actual decline.

We see weekly inflation slowing down.

In the coming weeks, we will enter a sustainable deflationary trend, ”TASS quotes Oreshkin.

Earlier, the Central Bank of Russia said that the Russian banking system had returned to a sustainable liquidity surplus.

The head of the Central Bank, Elvira Nabiullina, announced the stabilization of inflationary pressure in Russia.

According to her, the peak of inflation in Russia is expected at the end of 2022.