The Bank of Russia has no plans to change the inflation target for 2014. Inflation forecast will be presented in September. This was reported by RIA “Novosti» , citing the head of the Central Bank Elvira Nabiullina.
«forecast we will be updating on inflation, I do not say – we will review it or not … We are not a Target going to change, we have forecast, maybe more the Target, we will explain why it is higher than the Target, but the Target – one that has been set for this year, do not change, “- said Elvira.
Earlier, the Central Bank said , the Bank of Russia against Russian response to Western sanctions revising their forecasts for economic development and plans to submit detailed estimates in September.
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