Talking trends: the economy rapidly adapts to 2022 challenges
31 January 2023
News
The Russian economy has rapidly adapted to the drastic change in external conditions thanks to the invariably steady operations of the financial system, a quick reorientation of supply chains and logistics, and the support package of the Bank of Russia and the Government.
Year-end economic activity was slightly up but overall remained level with Q3 based on Q4 results.
Core inflation is still low but signs are emerging of its gradual acceleration. The balance of risks for inflation in 2023 is tilted to the upside. The monetary policy stance will help slow down inflation to
More details are presented in Talking Trends, a Bank of Russia bulletin.
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