Analysts explained how price restrictions differ from “normal” sanctions.
Experts of the Central Bank of the Russian Federation said that the Russian economy, which successfully overcame sanctions in the second quarter of this year and adapted to partial mobilization, may experience a new shock due to the introduction of the EU and the US oil price ceiling and an embargo on fuel supplies by sea.
According to RBC, the analysis is published on the website of the Bank of Russia, while it is clarified that the conclusions of experts may differ from the official position of the Bank of Russia.
Experts believe that the recent anti-Russian measures may lead to the fact that the level of business activity will fall, if we look at the long-term perspective. They consider these sanctions to be among the main “new economic shocks”.
If disruptions in work due to sanctions can be overcome over time, be it new logical chains or a decrease in production, then restrictions “also have a long cumulative effect,” especially if we are talking about industries using high technologies, analysts say.
According to the Department of the Central Bank, the level of the economy has already decreased significantly compared to the same period last year, and yet, despite the different dynamics in different sectors of the national economy, it remains stable.
Earlier, Topnews wrote that Moscow is preparing three possible responses to the West’s introduction of a ceiling on prices for Russian fuel.