Depreciation and inflation: How did the full -scale war spoil the economy of the Russian Federation (photo)

Inflation in Russia for 2023 can be 7. 4%, which is almost twice the target of the Central Bank, said in British intelligence. The long-scale Russo-Ukrainian War has long-lived, will probably adversely affect the prospects of Russia's economy. This was reported at the UK Ministry of Defense in X (Twitter). "The continued invasion of Russia into Ukraine with a high probability will adversely affect the prospects of the Russian economy," the message reads.

The Britain's defense agency noted that in Russia, since the beginning of a full -scale invasion, imports exported exports, which contributed to the depreciation of the ruble and probably caused inflation. The risk of overheating of the Russian economy remains due to the fact that the Russian Federation increases the costs of defense of other areas. The British intelligence said that the Central Bank of the Russian Federation increased the interest rate by 1% to the new base rate of 16%.

Since July 2023, when the base rate was set at 6. 5% this fifth increase. Britain stressed that growth was less than the previous ones. Instead, inflation in the Russian Federation continued to accelerate by the end of 2023, raising to 7. 5% in the annual calculation in November instead of 6. 5% in October. "In general, inflation for 2023, according to the Russian statistical service, will be 7. 4%, which is almost twice the target of the Central Bank," - added in British intelligence.