Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Friday, August 18, 2017

Nabiullina made a deflation in August-September


The Bank of Russia admits the possibility of deflation in Russia in late August and September, said the head of the regulator Elvira Nabiullina. According to her, this process will be due to seasonal factors, RT reports with reference to TASS. However, the overall Outlook on inflation, the Central Bank does not change, still expecting 5-6% growth in prices.

We will remind, for three weeks the inflation is kept at 0.1% after the zero index (31 may — 6 June). Deflation is the reverse process of inflation and is characterized by a decrease in the price index.

Related posts:
The dollar and the Euro fell against the ruble
For embezzlement an employee of the Novokuznetsk billion the Bank received a suspended sentence
Experts have calculated how many apartments can be rented by the Russian salary
The UK has taken the first real step towards withdrawal from the EU

Recommended

More Stories From Economy