The two most relevant problems in Russia remains the situation in the labor market and the level of inflation, said Russian President Vladimir Putin, speaking at the St. Petersburg International Economic Forum (PMEF). Discussion with his participation broadcast Youtube-channel “Russia 24”.
“We have two most actual problems at now. The labor market, it needs to be restored to a minimum of 4.7 percent, as it was up to a pandemic, and now 5.2 percent. And the second – inflation,” said the president.
The inflation rate that now reaches 5.8 percent, it is necessary to reduce to 5 percent or lower, said Putin.
The president was made by this comment, explaining the policies of the Central Bank, which increased the level of the key bet.
Such actions of the regulator are aimed at combating inflation in which the head of the Bank of Russia Elvira Nabiullina sees interference with economic growth in the country. In general, the Russian economy, according to Vladimir Putin, achieved success in the exit from the crisis caused by a pandemic.