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Bank of Russia not seeing significant changes in inflation dynamics

The regulator has not seen material growth of corporate funds at accounts and deposits with Russian banks, Deputy Governor Alexey Zabotkin informed

MOSCOW, November 11. /TASS/. The Bank of Russia has not yet observed significant changes in inflation dynamics over the last two months, Deputy Governor Alexey Zabotkin told reporters.

"If we look at the inflation picture for the last month or two, then it is the picture of rather sustainably high price growth rates. It is difficult to see a significant change in inflation dynamics thus far," he noted.

The regulator has not seen material growth of corporate funds at accounts and deposits with Russian banks, Zabotkin informed.

"This picture is highly likely to be diverse for individual plants. If we look at the general statistics of deposits dynamics, no abnormal, even significant growth of corporate deposits has been observed recently," he added.

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