“The economy is recovering quite confidently.

Let me remind you that at the last meeting we expected a pause in the recovery of economic activity at the end of 2020.

GDP statistics and operational indicators indicate that this did not happen, "RIA Novosti quotes her.

She added that inflation is growing above the regulator's expectations.

As Nabiullina noted, the positive dynamics of the recovery of the Russian economy is due to the fact that during the autumn-winter period of the pandemic there were no such strict restrictions as in the spring.

Also, as the data show, people and businesses were better prepared for the second wave of the pandemic and adapted faster.

Earlier, experts from the International Monetary Fund assessed the resilience of the Russian economy to a pandemic.