According to the expert, the measures taken by the Central Bank will lead to the fact that in 2023, by the end of the year, inflation is expected to be 5-7%.

“In 2024 we will see already 4%.

If we talk about the second quarter, then we can say that we will indeed reach a single-digit inflation rate.

Unambiguous in terms of percentages, ”Ginko explained.

He clarified that in the European Union "the inflationary spiral will most strongly unwind towards the end of autumn-winter."

The economist stressed that this is due to the irresponsible policy pursued by the EU authorities.

“We see that the euro area currency is weak... Everything is going to the fact that in the second quarter of 2023 inflation in the EU will be double-digit,” he concluded.

Earlier, Oreshkin, during a speech at the Territory of Meanings forum, said that inflation in Russia by the second quarter of 2023 could be significantly lower than in the European Union.