Wednesday, June 1, 2011

CB confirmed the outlook for inflation

Central Bank of Russia is still waiting for inflation to 6-7 percent in 2011. Informs Reuters referring to the deputy chairman of Bank of Russia Sergei Shvetsov. According to the agency, on Friday, April 15, Central Bank First Deputy Chairman Alexei Ulyukayev "made trouble", stipulating a higher forecast rossyskoy inflation at a forum in Washington. "In preparation for the main directions of monetary policy for the next three years, the inflation forecast for 2011 remains unchanged - 6.7 percent", - said Shvetsov. The head of the Central Bank Sergey Ignatiev said in early April that the task of reducing inflation to 6-7 percent by 2011 is achievable, provided the harvest of agricultural products will not be worse than average.

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