The Russian central bank still expects annual inflation to amount to 5.0–5.5% in 2019, the regulator's spokesperson said, meaning that the target of 4% will not be achieved this year.
"The central bank still expects that annual inflation in 2019 will amount to 5.0–5.5%," PRIME cited the official as saying.
Earlier, the Russian Federal State Statistics Service said that inflation was 4.3% in 2018, exceeding the 4% target set by the central bank. In 2017, the inflation was 2.5%.