{"id":72914,"date":"2026-07-26T11:46:00","date_gmt":"2026-07-26T08:46:00","guid":{"rendered":"https:\/\/economic.karpat.in.ua\/?p=72914"},"modified":"2026-07-26T09:49:13","modified_gmt":"2026-07-26T06:49:13","slug":"az-orosz-jegybank-null%c3%a1ra-v%c3%a1gta-a-gdp-n%c3%b6veked%c3%a9si-el%c5%91rejelz%c3%a9st-gyorsul%c3%b3-infl%c3%a1ci%c3%b3t-v%c3%a1r","status":"publish","type":"post","link":"https:\/\/economic.karpat.in.ua\/?p=72914&lang=hu","title":{"rendered":"Az orosz jegybank null\u00e1ra v\u00e1gta a GDP-n\u00f6veked\u00e9si el\u0151rejelz\u00e9st, gyorsul\u00f3 infl\u00e1ci\u00f3t v\u00e1r"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Az orosz jegybank 0,0\u20131,0%-ra v\u00e1gta a 2026-os GDP-n\u00f6veked\u00e9si el\u0151rejelz\u00e9st, \u00e9s a \u00fczemanyagv\u00e1ls\u00e1g miatt gyorsul\u00f3 infl\u00e1ci\u00f3ra sz\u00e1m\u00edt.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Az Oroszorsz\u00e1gi K\u00f6zponti Bank 6\u20137 sz\u00e1zal\u00e9kos infl\u00e1ci\u00f3val sz\u00e1mol 2026-ban, amit \u201eaz \u00fczemanyag\u00e1rak jelent\u0151s emelked\u00e9s\u00e9vel\u201d magyar\u00e1z.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2026\/07\/orosz-jegybank-1024x576.webp\" alt=\"\" class=\"wp-image-72915\" srcset=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2026\/07\/orosz-jegybank-1024x576.webp 1024w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2026\/07\/orosz-jegybank-300x169.webp 300w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2026\/07\/orosz-jegybank-768x432.webp 768w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2026\/07\/orosz-jegybank.webp 1366w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Kor\u00e1bban a jegybank az infl\u00e1ci\u00f3t 4,5\u20135,5 sz\u00e1zal\u00e9kra v\u00e1rta.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A lakoss\u00e1g, a v\u00e1llalkoz\u00e1sok \u00e9s a p\u00e9nzpiaci szerepl\u0151k is arra sz\u00e1m\u00edtanak, hogy az infl\u00e1ci\u00f3 jelent\u0151sen megugrik, amit els\u0151sorban az \u00fczemanyagv\u00e1ls\u00e1g okoz.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201eA jelenlegi \u00fczemanyaghelyzet ahhoz tartozik, amit k\u00edn\u00e1lati sokknak neveznek\u201d \u2013 ismerte el aznap egy sajt\u00f3t\u00e1j\u00e9koztat\u00f3n Elvira Nabiullina, az orosz jegybank eln\u00f6ke.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">M\u00e1jus k\u00f6zepe \u00f3ta felgyorsult az \u00fczemanyag\u00e1rak emelked\u00e9se, j\u00faniusban pedig t\u00f6bb orosz r\u00e9gi\u00f3 \u00fczemanyaghi\u00e1nnyal szembes\u00fclt az Oroszorsz\u00e1gban l\u00e9v\u0151 finom\u00edt\u00f3kat \u00e9rt ukr\u00e1n csap\u00e1sok miatt. Ukrajna tavasszal fokozta az orosz olajipari l\u00e9tes\u00edtm\u00e9nyek elleni t\u00e1mad\u00e1st, hogy \u00edgy roppantsa meg a gazdas\u00e1got. A t\u00e1mad\u00e1sok egyre pontosabbak \u00e9s egyre nagyobb k\u00e1rt okoznak. Moszkva v\u00e1laszul Kijevet bomb\u00e1zza egyre gyakrabban.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Az operat\u00edv adatok arra utalnak, hogy az \u00fczemanyag dr\u00e1gul\u00e1sa kezd \u00e1tterjedni a term\u00e9kek \u00e9s szolg\u00e1ltat\u00e1sok sz\u00e9les k\u00f6r\u00e9nek \u00e1r\u00e1ra \u2013 jelentette ki Nabiullina.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ugyanakkor egyes elemz\u0151k \u00fagy v\u00e9lik, hogy az \u00e9v v\u00e9g\u00e9re az infl\u00e1ci\u00f3s mutat\u00f3k Oroszorsz\u00e1gban m\u00e9g magasabbra emelkedhetnek, r\u00e9szben az ukr\u00e1n fegyveres er\u0151k oroszorsz\u00e1gi logisztikai k\u00f6zpontjai elleni csap\u00e1sai miatt.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Az orosz GDP 2026-ra vonatkoz\u00f3 n\u00f6veked\u00e9si el\u0151rejelz\u00e9s\u00e9t 0,5\u20131,5 sz\u00e1zal\u00e9kr\u00f3l 0,0\u20131,0 sz\u00e1zal\u00e9kra cs\u00f6kkentett\u00e9k, bele\u00e9rtve a negyedik negyed\u00e9vre adott progn\u00f3zist is (1,0\u20132,0 sz\u00e1zal\u00e9kr\u00f3l 0,0\u20131,5 sz\u00e1zal\u00e9kra \u00e9ves \u00f6sszevet\u00e9sben).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201eA v\u00e1llalatok keresletcs\u00f6kken\u00e9sre sz\u00e1m\u00edtanak, ezt mutatj\u00e1k az operat\u00edv adatok. Az \u00e1tmeneti kapacit\u00e1ssz\u0171k\u00fcl\u00e9st figyelembe v\u00e9ve cs\u00f6kkentett\u00fck a GDP-n\u00f6veked\u00e9si progn\u00f3zist\u201d \u2013 indokolta a d\u00f6nt\u00e9st az orosz jegybank eln\u00f6ke.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A jegybankn\u00e1l arra sz\u00e1m\u00edtanak, hogy \u201eaz \u00fczemanyag-el\u0151\u00e1ll\u00edt\u00e1si kapacit\u00e1sok az \u00e9v v\u00e9g\u00e9ig fokozatosan helyre\u00e1llnak\u201d, hab\u00e1r ez k\u00e9rd\u00e9ses az ukr\u00e1n t\u00e1mad\u00e1sok f\u00e9ny\u00e9ben.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Szombaton ukr\u00e1n dr\u00f3nt\u00e1mad\u00e1s \u00e9rte a tyumenyi olajfinom\u00edt\u00f3t, egy logisztikai l\u00e9tes\u00edtm\u00e9nyt Jekatyerinburgban, valamint egy \u00fczemanyag- \u00e9s ken\u0151anyag-rakt\u00e1rt Rosztovn\u00e1l.<\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong><a href=\"https:\/\/hu.euronews.com\/2026\/07\/25\/orosz-jegybank-nullara-vagta-a-gdp-novekedesi-elorejelzest-gyorsulo-inflaciot-var\" target=\"_blank\" rel=\"noreferrer noopener\">(euronews.com)<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Az orosz jegybank 0,0\u20131,0%-ra v\u00e1gta a 2026-os GDP-n\u00f6veked\u00e9si el\u0151rejelz\u00e9st, \u00e9s a \u00fczemanyagv\u00e1ls\u00e1g miatt gyorsul\u00f3 infl\u00e1ci\u00f3ra sz\u00e1m\u00edt.<\/p>\n","protected":false},"author":12,"featured_media":72915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,49,39],"tags":[70412,642,33104,33834,183,953426],"class_list":["post-72914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cikkek","category-hirek","category-vilag","tag-gdp-novekedes","tag-inflacio","tag-orosz-gazdasag","tag-orosz-jegybank","tag-oroszorszag","tag-ukran-tamadasok"],"_links":{"self":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/72914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72914"}],"version-history":[{"count":1,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/72914\/revisions"}],"predecessor-version":[{"id":72916,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/72914\/revisions\/72916"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/media\/72915"}],"wp:attachment":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}