Ukrianian court puts on hold lawsuit against ban on Russian social networksWorld May 28, 6:10
Russia’s Lasitskene wins high jump in Diamond League event in Eugene, USSport May 28, 4:59
Havana Airport gets Russian-made air traffic control systemsWorld May 28, 4:16
Guests of FIFA 2018 World Cup sure to get warm welcome in Russia — LavrovSport May 28, 2:25
Kantemir Balagov’s "Closeness" gets Cannes Festival’s International Critics’ PrizeSociety & Culture May 28, 1:03
Anti-church laws in Ukraine may cause religious strife — Ukrainian Orthodox ChurchWorld May 28, 0:22
Russia’s national football team absolutely clear of doping — doctorSport May 28, 0:14
Russian cyclist Zakarin finishes second in Giro d’Italia Stage 20Sport May 27, 22:27
Putin, Erdogan agree to develop coordination of efforts for settlement in SyriaRussian Politics & Diplomacy May 27, 19:29
NOVO OGAREVO, July 24 (Itar-Tass) - Russia’s inflation will return to the project level of 5-6 percent by the end of the year, Central Bank Chair Elvira Nabiullina said.
“Inflation is currently slightly above the level we have set as a target but we hope we will get back to 5-6 percent by the end of the year,” Nabiullina said at a meeting with President Vladimir Putin on Wednesday, July 24.
She believes that “much will depend on the crop and food prices” but “on the whole, we hope to be able to keep inflation going down.”
“We also expect further decrease in inflation next year and hope that this will be helped by the decision to curb the tariffs for the services of natural monopolies,” the chief banker said.
Nabiullina briefed the president on the Central Bank’s priorities, naming monetary and credit policy among them. “It should match the current economic situation and a key task there is to continue the policy of reducing inflation,” she said.