Head of Central Bank appreciated effect of vaccination to economy

Head of the Central Bank Elvira Nabiullina estimated the influence of vaccination on the economy of Russia. She stressed in an interview with RBC that high rates of the vaccination campaign positively affect economic growth.

Nabiullina called the current level of vaccination is insufficient, not so much from the point of view of influence on the economy, as from the position of protecting human health, his relatives, close and circle of communication.

“If we talk about the economic effects of vaccination, I believe that, the higher the level of vaccination, the more positively for economic growth. Less risks of possible lockers, because less maybe there may be negative consequences even from new strains,” the chapter added Central Bank.

Nabiullina clarified that the lack of new locomotives gives more confidence to investors, therefore indirectly, but vaccination affects investment activity.

Earlier, the head of the Central Bank predicted that the rise in prices in annual terms in Russia could reach the peak in September. She did not exclude that in September “inflation will be somewhere around 7 percent.” At the same time, the rise in prices will slow down, since the effect of one-time factors will influence it less and less, and the effect of tightening monetary policy.

/Media reports.