Kremlin says central bank is on top of inflation but government is watching closely

Core Viewpoint - The central bank of Russia is actively monitoring the inflation situation in the country and is implementing measures to ensure economic stability in response to rising prices and the impact of an increase in value-added tax [1] Group 1 - The Kremlin has acknowledged the inflationary effects stemming from the rise in value-added tax [1] - Measures are being taken by the central bank to maintain stability in the face of rising prices [1]