75930
Russia Inflation to Return to 4%
Russia Inflation to Return to 4%

Russia Inflation to Return to 4%

Russia Inflation to Return to 4%

Inflation in Russia will return to the target of 4% during 2018, Igor Dmitriev, head of the monetary policy department at the Bank of Russia, told journalists, Tass reported. “Dynamics of inflation will be back on target of 4% in 2018. It is difficult to talk about more precise terms, but we are confident that inflation will return to 4%,” Dmitriev said. He said that so far the regulator maintains its forecast for inflation in Russia at 3% for the year but it can be revised. He added that monthly inflation in October, according to the regulator, was 0.2%. Earlier on Thursday, the economic development ministry published a forecast saying that the annual inflation in November will be in the range of 2.6-2.7%, and in December it will be in the range of 2.5-2.8%, depending on the further dynamics of the ruble exchange rate.
Meanwhile, Russia wants to start commercial supplies to Venezuela in addition to the previously signed intergovernmental deal, an official said Friday.

Short URL : https://goo.gl/hQGyFP
  1. https://goo.gl/sSmf7X
  • https://goo.gl/oHNxeo
  • https://goo.gl/7TsUR2
  • https://goo.gl/f4JWyb
  • https://goo.gl/h1rA95

You can also read ...

Shares in German and other European car manufacturers fell on Friday after Trump threatened  to impose a 20% tariff on cars imported from the bloc.
An industrial powerhouse built on massive exports and a...
Airbnb Exodus Spawns Business Boom in Japan
As Airbnb home-sharers in Japan quit the market in droves,...
Companies like Toyota need AI talent to develop self-driving technologies, but the competition is intense with an estimated shortfall of 700,000 engineers.
China and the US are scrambling to secure one of the world's...
Thai SMEs Can Cash In on China’s Vast Online Market
China offers great opportunities to Thai small and medium-...
South Africa Gov’t to Address Skills Shortage
The South African government will continue to prioritize maths...
The symposium emphasized the importance of capacity building and skills development as an integral component of the digital agenda.
The 2018 International Telecommunication Union’s Global ICT...
Escalation of protectionist measures could trigger a fresh global economic downturn.
Policymakers can maintain the current economic upswing beyond...
The People’s Bank of China
China’s central bank said on Sunday it would cut the amount of...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus