The head of the Russian Central Bank Elvira Nabiullina said that inflation in Russia will be able to hold at the level of 7-8% in 2016 if the average price per barrel of Brent crude oil will be $ 35.
in an interview with Reuters the head of the Central Bank also said that the scenario with average annual oil price of $ 30-35 per barrel in 2017 inflation may fall to 4% without increasing the key rate.
on According to Nabiullina, the price of $ 35 per barrel of oil incorporated in the baseline scenario. However, at the same time the regulator develops and risky scenario in which emanates from an average price of $ 25 per barrel.
Back in December, a scenario based on a price of $ 35 per barrel, estimated by the Central Bank as a risky, while in the base stsenariybyla laid price of $ 50 per barrel. In the baseline scenario, expected inflation was also evaluated in 7-8%.
Oil prices have fallen since the beginning of 2016, but this week began to rise against the background of several agreements, OPEC countries to freeze the level of production. At the moment, the cost of a barrel of Brent is around $ 33.
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