Implies that we have almost completed the 6 best social media the recovery period of economic development. The economy fell sharply during the acute phase of the pandemic, so the recovery growth rates were high. Now the economy has already recovered to the pre-pandemic level and has entered the pre-crisis trajectory. It will grow naturally — the rates will be lower than the recovery rates. We forecast that, taking into account the planned structural measures of the government, sustainable growth rates that will not create excessive inflationary pressure will amount to 2-3% per year.
The rates that correspond
to the current production potential. Our monetary policy certainly affects the growth rates. But our task is to ensure that these growth rates are sustainable, so that there is no overheating or cooling of the economy, that is, so that the economy grows close to potential rates. An indicator of this is inflation. If it is higher than the target values, this means that there may be elements of.
Overheating in the economy as a whole
And if it is very low, this is an indicator impossible to identify what share of imported that we have underutilized potential for economic growth. The fact that america email we are close to potential is also indicated by the situation on the labor market: we currently have low unemployment, and stimulating demand in the conditions of labor shortage will result in higher prices, and not in the production of more goods and services.