CBR: lowering the inflation target can be discussed with the development of economy and finrynkov
MOSCOW, January 13. /TASS/. To discuss reduction of the inflation target in Russia, it is necessary for the development of the economy and financial markets, said the first Deputy Chairman of the CBR Ksenia Yudaeva, speaking at the Gaidar forum.
Gaidar forum. Day two
“The level of 4% (the target level of inflation in Russia – approx. TASS) was selected, given the level of development of the economy and financial system. We understand that more developed economies have a lower level of the inflation target. Therefore, the development of the economy and financial markets, it will be possible to return to the issue of reducing the inflation target, as did many other countries,” she said.
According to Rosstat, inflation in Russia by the end of 2016 amounted to 5.4% . Prime Minister Dmitry Medvedev believes it is a real achievement of the level of inflation in Russia in 2017 to 4%.