Alexey Zubets: Inflation in post-Soviet countries may be higher than  in Russia

ArmInfo.  Due to the devaluation of the ruble, inflation in Russia can reach 7%, and in  the post-Soviet countries it may be higher than in Russia. On March  12, through   a Moscow-Yerevan-Bishkek-Tbilisi-Minsk video  conversation, answering a question from ArmInfo correspondent, Alexey  N. Zubets, Head of the Department of Sociology and Political Science,  Financial University under the Government of the Russian Federation  (Moscow, Russia), said.

The expert determined his opinion to a greater extent by the fact  that under the current conditions, Russians will refuse to purchase  goods and services, will reduce consumption, save money, put them in  a bank, as a result of which import will suffer. <Import always  suffers more and more seriously than domestic consumption. Exporting  countries will be in a more difficult situation than Russian  producers>, he said.

However, Zubets emphasized that Russia does not expect serious  inflation disasters. In an optimistic scenario, this situation will  resolve in a few months, in the worst case, by the end of the year.  "The Russian economy and the countries of the post-Soviet space will  feel improvement by the fall of this year and the situation will  stabilize," the expert stated.