Putin discusses Russia’s economy growth with ministersBusiness & Economy September 24, 2:38
Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
MOSCOW, January 30. /TASS/. Current monetary environment creates preconditions for mid-term inflation decline, the Central Bank said in its closing statement after the Board of Directors’ meeting.
Inflation expectations are the primary criteria to set the key rate, which was reduced today by 2 percentage points to 15%.
The Bank of Russia said that inflation was 11.4% at the end of 2014 while core inflation was 11.2%.
Consumer prices grew by 2.6% in December 2014 against the background of a weakening ruble, growth of inflation expectations and higher consumer demand for non-foods.
Annual consumer price growth totaled 13.1% on January 26, 2015.
According to the estimate of the Bank of Russia, monthly growth of consumer prices will slightly decline in January but annual inflation will continue growing, reaching its peak in the second quarter of 2015.