Putin called price control a top priority – Kommersant
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Russian President Vladimir Putin announced the growth of inflationary risks and called on the government to curb price increases. According to him, the task of controlling prices is now “coming to the fore.”
“Objective data show that inflationary risks, I want to draw attention to this, my colleagues and I have been constantly addressing this topic lately, inflationary risks are still growing. And the task of curbing price increases is now coming to the fore,” the head of state said at a meeting of the Council for Strategic Development and National Projects.
According to Vladimir Putin, the Central Bank and the government should “keep the situation under constant control and build economic policy accordingly” in order to prevent a sharp rise in prices.
The dollar and euro last week rose to the levels of 101 rubles. per dollar and 111 rubles. for the euro for the first time since March 23, 2022. On August 15, at an extraordinary meeting, the Central Bank raised the key rate by 3.5 percentage points to 12%. According to the Ministry of Economy, as of mid-August, annual inflation is 4.66%. The target indicator of the Central Bank is 4% by 2024.
Read more about the measures of the Bank of Russia and the Cabinet of Ministers to correct the situation – in the material “Kommersant” “Speculation has been imprinted on the dollar”
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