Russia (bbabo.net), - Russian President Vladimir Putin on Thursday, February 17, held a meeting on economic issues. The President noted that inflation has recently become a serious challenge for most countries of the world. And Russia is no exception.

"Nevertheless, it is necessary to take effective measures to reduce inflation in our country. And of course, the role of both the government and the Central Bank is significant here, which maintains a responsible approach to the implementation of monetary policy," Putin said.

The President noted that rising prices affect people's incomes and negatively affect people's well-being.

He recalled that in Russia consumer price growth in January amounted to 8.7 percent, which is significantly higher than the target.

But even in developed market economies the situation is no better. "For comparison, in January of this year, inflation in the United States was 7.5 percent, which is much higher than the forecast figures, and in the eurozone - 5.1 percent in annual terms," ​​the president cited an example.

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