Central Bank publishes new inflation forecast

Central Bank publishes new inflation forecast

 

Central Bank publishes new inflation forecastThe Central Bank has published a report with forecasts about the future of the financial sphere of Russia in 2015.According to the report, in the first quarter of 2015 inflation in Russia might reach 11.5 %. External factors will have their maximum influence on the Russian economy in 2015, with their impact expected to weaken in 2015-2016, the Central Bank of Russia said in its monetary policy report on Monday, Itar Tass reports.Russia’s Central Bank expects annual economic growth to remain close to zero in 2015-2016. Russia’s Central Bank expects economy to fall in stress scenario by 4.5-4.8% in 2015, about 1% in 2016 and grow by 5.5-5.8% in 2017, the regulator said, Itar Tass reports.

The Central Bank has published a report with forecasts about the future of the financial sphere of Russia in 2015.
According to the report, in the first quarter of 2015 inflation in Russia might reach 11.5 %. 
External factors will have their maximum influence on the Russian economy in 2015, with their impact expected to weaken in 2015-2016, the Central Bank of Russia said in its monetary policy report on Monday, Itar Tass reports.Russia’s Central Bank expects annual economic growth to remain close to zero in 2015-2016. Russia’s Central Bank expects economy to fall in stress scenario by 4.5-4.8% in 2015, about 1% in 2016 and grow by 5.5-5.8% in 2017, the regulator said, Itar Tass reports.

 

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