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Annual inflation may go down to 5% percent in 2014

March 05, 2014, 19:05 UTC+3 NOVO-OGARYOVO
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NOVO-OGAREVO, March 05. /ITAR-TASS/. Inflation in Russia at the end of 2014 may go down to 5% in line with an earlier forecast, the head of the Russian Central Bank said Wednesday.

“In line with our assessments, with account for measures taken, we may reach by the yearend the stated goal of reducing inflation to 5 percent,” Elvira Nabiullina said.

She said annualized inflation was 6.1% in January and 6.2% in February.

Inflation in Russia in 2013 totaled 6.5%, according to the Federal Statistics Service.

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