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Russian authorities should respond to accelerated inflation — Putin

The head of state noted that there should be no imbalances in the credit sphere because the decline of activity in this sector may create risks for economic development on the whole

NOVO-OGAREVO, January 22. /TASS/. Russian President Vladimir Putin urged authorities to react to expedited inflation.

"I would like to note that inflation turned out to be above the government’s forecast. Certainly, there is a need to respond to such situation," Putin said at the meeting on economic issues.

The head of state noted that there should be no imbalances in the credit sphere because the decline of activity in this sector may create risks for economic development on the whole.