---
title: "Until damaged facilities are restored, demand must grow in a restrained manner, otherwise inflation… — Эльвира Набиуллина — DecisionGateway"
description: "statement by Эльвира Набиуллина, recorded recently — verbatim quote and source citation."
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statement

# **Until damaged facilities are restored, demand must grow in a restrained manner, otherwise inflation will accelerate.**

A statement by [**Эльвира Набиуллина**](https://dgw.tmarket.io/actors/01a1bff7-ec46-7025-a495-bca65c7131cb). Statements are as reported by the cited publishers — not verified by DecisionGateway.

> *Пока поврежденные объекты не восстановят, спрос должен расти сдержанно, иначе ускорится инфляция.*

thebell\_ioPublished 2026-11-09 [ Read source](https://t.me/thebell_io/39813)

[**Эльвира Набиуллина dossier **](https://dgw.tmarket.io/actors/01a1bff7-ec46-7025-a495-bca65c7131cb)

## **Discussion**

## **Related claims**

[**Restoring capacity takes longer than previously expected and inflation expectations remain high, so the effect of the temporary supply reduction on price growth will fade gradually; under these conditions moderately tight monetary conditions must be maintained longer to return inflation to target.**Резюме обсуждения ключевой ставки · statement](https://dgw.tmarket.io/claims/01a1d10a-eba3-7428-887f-1cf51e0fe5ae) [**Чрезмерный рост спроса может ускорить инфляцию.**Эльвира Набиуллина · prediction](https://dgw.tmarket.io/claims/01a1bff7-ec64-700f-af27-e76f94afaf78) [**Важно не просто снизить инфляцию, но и не помешать экономике наращивать свой потенциал.**Эльвира Набиуллина · statement](https://dgw.tmarket.io/claims/01a1bff7-ec6a-7042-83e9-6a0a1383f70a) [**There are no conditions for any surge in demand and, as a consequence, a surge in prices.**министр · statement](https://dgw.tmarket.io/claims/01a1c94c-bb04-7b64-982c-23e1a4631efb) [**Чрезмерный рост спроса может ускорить…**Эльвира Набиуллина · prediction](https://dgw.tmarket.io/claims/01a1bff7-f899-7da7-a22b-321ccce01f60) [**The economy continued to grow moderately; consumer activity growth slowed somewhat while investment activity was gradually recovering, and domestic demand again exceeded supply capacity.**Резюме обсуждения ключевой ставки · statement](https://dgw.tmarket.io/claims/01a1d10a-eb78-742d-a088-87f277249182)

## **More claims by Эльвира Набиуллина**

[**The head of the Central Bank named the attacks on refineries as the first reason why the regulator stopped lowering the rate.**statement](https://dgw.tmarket.io/claims/01a1cb8f-9f07-7d17-a6b9-5ce049638c13) [**Credit will also grow in a restrained manner: in 2027 at roughly the same pace as this year.**prediction](https://dgw.tmarket.io/claims/01a1cb89-ec57-7a6a-b748-905dc2a10de5) [**Each of the reasons is weighty on its own, and together they mean that one must not rush to lower the rate, otherwise interest rates in the economy and prices will rise.**statement](https://dgw.tmarket.io/claims/01a1cb89-ec35-70fc-bf8a-385c884374b9) [**The budget's contribution to demand this year and the next two years turned out higher than the Central Bank expected.**statement](https://dgw.tmarket.io/claims/01a1cb89-ec13-7ac1-9fd6-2029f363647b) [**Inflation expectations declined in the first half of the year and then rose due to objective reasons.**statement](https://dgw.tmarket.io/claims/01a1cb89-ec02-74d2-9862-cea354aa0129)

[All claims by Эльвира Набиуллина](https://dgw.tmarket.io/claims?claimant_id=01a1bff7-ec46-7025-a495-bca65c7131cb)

[All claims](https://dgw.tmarket.io/claims)

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```

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