MOSCOW (Sputnik) — Restrictive measures imposed on Turkey by the Russian government in a wake of the Su-24 incident may have only a slight impact on inflation rate in Russia, the country's Central Bank said Wednesday.
On Tuesday, the Russian government backed a proposal by President Vladimir Putin to impose economic restrictions against Turkey due to security concerns in light of the November 24 downing of a Russian Su-24 attack aircraft by the Turkish air force.
"According to the Bank of Russia estimates, the imposed restrictions may raise the inflation rate by.2-.4 percent at the end of 2015 — beginning of 2016," the regulator said in a statement.
"In mid-term period, the impact will be negligible," the statement said.
