Bank of Russia: Balance of Risks Shifted Towards Pro-Inflationary Factors
L'essentiel
- Central Bank chief Elvira Nabiullina stated that the Bank of Russia estimates the balance of risks has shifted more towards pro-inflationary factors.
- While Middle East conflict risks have lessened, uncertainty remains regarding global economic implications, potentially affecting Russia via import prices and logistics.
Résumé généré par IA
Pourquoi c'est important
The Bank of Russia's Board held a meeting. Central Bank chief Elvira Nabiullina commented on the balance of risks concerning inflation.
MOSCOW, June 19. /TASS/. The Bank of Russia takes not in its estimates that the balance of risks had a stronger shift towards pro-inflationary ones, Central Bank chief Elvira Nabiullina said at the press conference after the Board meeting.
"According to our estimates, the balance [of risks] shifted more to pro-inflationary ones," she said.
Risks of conflict protraction in the Middle East became lower but the uncertainty is in place as regards the scale of its pro-inflationary implications for the global economy, Nabiullina noted. They may also influence the Russian economy through prices of imported goods and logistical expenses.
Questions ouvertes
- What is the scale of pro-inflationary implications?
- How significant will the impact on Russian economy be?
