The Kremlin calls inflation a big headache for the government

The Kremlin calls inflation a big headache for the government

Inflation will largely neutralize economic growth; this is a big headache for the government. This was announced on Sunday, December 26, by the press secretary of the President of the Russian Federation Dmitry Peskov.

“This is what the president cares about every day. But we cannot pull ourselves out of the global context, and inflation is now a disease from which the whole world is suffering, “he said on the Russia 1 TV channel in the Moscow. Kremlin. Putin “.

According to a Kremlin spokesman, inflation is a “big headache” for the Russian government.

Peskov also noted that from the point of view of the economy, Russia has already “crawled out of the covid pit.” No matter how difficult it was, the real disposable income of the population began to grow, albeit “modestly”, the Kremlin spokesman said.

At the same time, the press secretary of the Russian leader stressed that it is inflation that largely neutralizes this growth.

Earlier, on December 22, Russian Prime Minister Mikhail Mishustin said that the situation with rising inflation in Russia is partly a payment for the openness of the economy. He noted that the government is aware of the rise in prices, and inflation in the country is mainly imported. As measures to combat inflation, Mishustin named tasks related to import substitution and building the potential of the domestic agro-industrial complex.

On December 7, Russian President Vladimir Putin pointed out that the economic dynamics of Russia is generally positive. He stressed the need to achieve an increase in real incomes of citizens by no less than 2.5%. According to the Russian leader, the main problem of the economy at the moment is the rise in inflation. The head of state noted that the rise in prices is global in nature.

Earlier, on November 18, the head of the Central Bank Elvira Nabiullina said that the economic recovery after the pandemic is as insidious as the recovery of a person after the coronavirus. According to her, this year the Russian economy has already returned to a pre-pandemic trajectory.

Source: IZ

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