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MOSCOW, January 28. /TASS/. Russia's Deputy Prime Minister Arkady Dvorkovich considers the inflation target of 4% for this year achievable.
"The task (of bringing down the inflation to the target level of 4% in 2017 - TASS) is challenging and ambitious, but achievable," he said Saturday.
In 2016, consumer price growth amounted to 5.4% in annual terms (December 2016 versus December 2015) in Russia, down from 12.9% in 2015.
The Central Bank’s key goal within its inflation targeting policy is to bring inflation down to 4% by the end of this year. In its main macroeconomic scenario of the monetary policy, the regulator refers to this goal as achievable.