“Already in the second quarter of this year, inflation may fall below the target level of 4%.
Just recently, I said, also at your suggestion, dear colleagues, that in the first quarter we expect a decline somewhere in the region of 5%.
And then in the second quarter it could be even lower than 4%,” Putin said.
According to him, at the end of 2022, inflation in Russia amounted to 11.9%.
Earlier, Putin said that the situation in the Russian economy is stable, much better than forecasts.