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Steady price growth for March to decline below 6-7% range — Central Bank governor

Earlier, Elvira Nabiullina said that tight monetary policy curbs inflation, though its restraining influence on economic growth is minimal

MOSCOW, April 8. /TASS/. The steady growth of prices for March may decline below the 6-7% range, Russian Central Bank Governor Elvira Nabiullina said addressing the State Duma (lower house of the parliament).

"In December-February the steady growth of prices declined to the range of 6-7% and we will see even lower figures for March," she said.

Earlier, Nabiullina said that tight monetary policy curbs inflation, though its restraining influence on economic growth is minimal.

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Central Bank of Russia

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