The head of the Central Bank Elvira Nabiullina said the absence of a deflationary threat in the near future. She spoke about it in an interview with the newspaper “Vedomosti».
She said that the deflationary threat “is unrealistic.” According to her, while more inflationary risks. However, the head of the regulator admitted that after a few years the emergence of deflationary risks might in strong ruble strengthening or slowing down of the economy.
Nabiullina noted that the Bank of Russia’s task is to support the level of inflation, designated as a target, which is higher than in developed countries. She said that there is the inflation rate of 2% is indicated in the Russian goal is 4%. “And these 4% are chosen not by chance: it is a level allowing the economy with the ratio of prices, as we do, to adapt to changes”, – Nabiullina said
June 23 the Central Bank has changed its forecast for inflation in 2016. year. Experts said that consumer prices for goods and services will grow by 5-6% instead of 6-7% by the end of the year as calculated previously. “This indicates the potential for further slowdown of annual inflation in the absence of unforeseen shocks,” – noted in the controller
April 20 Nabiullina warned that there is a problem to get stuck at the level of inflation in the 6-7%.. According to her, this level is “absolutely unacceptable”.
No comments:
Post a Comment