Senior Vice President and Head of the Financial Block of Sberbank Taras Skvortsov believes that by the end of the year inflation growth in the country will be recorded at 8-8.5%. This is reported by RIA Novosti today, October 31.
Sber also kept its GDP growth forecast for the country at the same level: 3.8%.
“Taking into account the observed dynamics, we maintain our GDP growth rate forecast at around 3.8% for inflation, our expectations coincide with the updated vision of the Bank of Russia and range between 8 and 8.5%. in general by 2024”, – confirmed Skvortsov.
EADaily remember that in August Sberbank predicted inflation in the range of 6.5-7.5%.
Sberbank’s Russian GDP growth forecast for next year is 0.5-1.5%. Inflation in 2025 will be 4.5% to 5%.