Increased inflation pressure temporary in opinion of many countries, CBR more cautious in this regard - Nabiullina
MOSCOW. April 7 (Interfax) - Growth of inflation pressure is temporary in the opinion of many countries but the Central Bank of Russia approaches this issue more cautiously and sees potential risks, CBR Governor Elvira Nabiullina said at the Exchange Forum on Wednesday. Increased inflation pressure is evident in the world. This is reflected both in prices for food products, which are relayed to us, and commodities in general. But what is very important is that many countries say this increased inflation pressure is temporary, Nabiullina said. She said many countries considered the growth of inflation pressure to be temporary as the restrictions on production causing it would be lifted and the savings overhang would be exhausted.