Economist declared reasons for sharp increase in inflation

External factors, such as price increases in foreign suppliers, as well as the lack of town year are the main causes of sharp increase in inflation, the economist is confident, the financial analyst, the former adviser to the Minister of Economic Development Evgeny Nadorshin. In a conversation with “Tape.ru” he added that the Central Bank is unable to influence these factors by increasing the key rate, which is largely inhibits the economy.

On the last year, the meeting of Russia announced the meeting on December 17, the Bank of Russia announced another increase in the key rate. The indicator will grow in the seventh time due to accelerating inflation. The specific figure was not indicated, but analysts unanimously believe that the Central Bank raises the rate to the maximum level in the previously indicated range.

External price increase and cropping

Nadorshin is sure: there is no need for such an aggressive increase in the key rate, since the Central Bank himself stated that a certain part of factors provoked inflation, came from outside, because to defeat their efforts of the Bank of Russia is actually impossible.

“Foreign suppliers raise prices because they have more attractive sales markets than Russia. Adapt to our situation and desire, naturally, no one will, since the Russian direction is only a few percent of the total majority portfolio of global suppliers. And the external The Wednesday of the Central Bank of the Russian Federation, naturally, is beyond, “- explained the economist.

The second cause of record growth of inflation, according to the financial analyst, is the extremely disastrous year, which led to a logical price increase including on the so-called “borshevic set”.

“Naturally, it is also almost impossible to influence this factor. It is impossible to achieve a better harvest by making money more expensive. At the end of last year, when the President of the country, Vladimir Putin, announced the need to deal with the rise in prices, they had to not freeze. , and stimulate farmers create a sufficient volume of sowing areas, but we see that this did not happen, a number of positions continue to rise, the crop turned out to be noticeably worse than last year, “said Nadorshin.

The economist recalled that the Russian market was largely closed for external suppliers due to sanctions and counter-bonds, especially with regard to food products. Therefore, inflation in this segment is not determined by non-cash factors, not monetary policies and non-external markets, and local conditions.

“It is necessary to stimulate internal production, agriculture, because the” Borshcheva set “beloved by our authorities is grown by local and for local, and the monetary policy will not change anything. Especially in a short interval,” the interlocutor “Trent.ru” concluded .

Raising rates became apparent after the November publication of Rosstat on accelerating inflation to 8.4 percent, the maximum since 2016. Due to record increase in analytics of Russian commercial banks deny the possibility of returning inflation to 4 percent in 2022. In their opinion, the indicator will decrease only to 6-7 percent.

/Media reports.