High inflation in the United States will affect the entire global economy, said Russian President Vladimir Putin at a meeting on economic issues, reports REGNUM.
“in the US inflation exceeded five percent, although, in my opinion, they have a target indicator somewhere in the area of two. And for two years in a row, they refer to the deficit budget. This deficit is quenched at the expense of what? due to emissions. Hence inflation, “said Putin.
According to the president, in Russia, inflation “let not so significant, but still comes out for our targets.” He called for coordinated actions due to the increase in prices.
In 2021, annual inflation in Russia, according to the basic scenario, will be 5.7-6.2 percent, projected in the statement of the Central Bank. At the same time, the Bank of Russia is counting on that, thanks to the monetary policy in 2022, inflation will decrease to 4-4.5 percent and will continue to be at 4 percent.