Inflation peak expected in Russia in Q2 2015

Date: 09:17, 02-02-2015.

Almaty. February 2. KazTAG - Inflation peak is expected in Russia in the second quarter this year, said Elvira Nabiullina, head of the Central Bank of Russia.
"We are making prognosis now which shows that the peak of inflation will come in the second quarter this year, then it will lower and reach a usual level early next year," RBK cites Nabiullina.
In her words the Central Bank is taking measures to lower inflation which formed under effect of stronger but "one-time" factors.
"The ruble weakening we observed late last year is over. It will have long standing effect, but this effect will be weakening," she said.

Share the news: