Russian President Vladimir Putin, speaking at the plenary session of the Russia Calling! Forum, spoke about the situation in the Russian economy.

According to the president, the situation in the economy is stable, for three quarters of the current year Russia's GDP increased by 1.5%. Despite attempts at external pressure, the domestic business is building long-term plans, the president noted.

According to him, business optimism is an important indicator of investor confidence.

Earlier it was reported that by the end of 2018, inflation in Russia should be about 4%. This is in line with the forecasts of the Central Bank, but the Minister of Economic Development of Russia, Maxim Oreshkin, believes that this figure may be somewhat higher.

Earlier, the Russian bank noted that at the end of 2018, inflation is forecast at 3.8–4.2% and its short-term growth in 2019 is 4–4.5%. The acceleration of inflation is also associated with US sanctions against Russian companies and enterprises.

Read also ORESHKIN - ABOUT INFLATION IN RUSSIA

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