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Economists have allowed a further increase in the key rate in RussiaExperts explain…

Economists allowed a further increase in the key rate in Russia
Experts explained that this is due to high inflation, increased tariffs and real estate prices.

They will raise the rate. Although inflation this year is quite strong, this is a consequence of the weak ruble and a consequence of the rising price level following the devaluation of 2023, which, of course, is spurred by the following factors: firstly, an increase in tariffs (5% every six months).
Secondly, this is an increase in real estate prices, which the Central Bank of the Russian Federation has still not been able to stop. Still, there is an increase in real estate prices in the economy as a whole, a 7% year-on-year increase in prices.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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