https://sputnikglobe.com/20220916/russian-central-bank-lowers-inflation-forecast-for-2022-to-11-13-from-12-15-1100873534.html
Russian Central Bank Lowers Inflation Forecast For 2022 to 11-13% From 12-15%
Russian Central Bank Lowers Inflation Forecast For 2022 to 11-13% From 12-15%
Sputnik International
MOSCOW (Sputnik) - The Bank of Russia lowered the forecast for inflation in the country for 2022 to 11-13% from 12-15%, follows from the release of the... 16.09.2022, Sputnik International
2022-09-16T16:01+0000
2022-09-16T16:01+0000
2022-09-16T16:01+0000
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"Annual inflation will total 11.0-13.0% in 2022 and, given the monetary policy stance, drop to 5.0–7.0% in 2023, returning to 4% in 2024," the central bank said in a statement.The decline in Russia's GDP in 2022 may be closer to 4%, the dynamics of business activity is better than July expectations, the Bank of Russia said.In July, the central bank of improved its forecast for a decline in Russia's GDP in 2022 to 4-6% from 8-10%.
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Russian Central Bank Lowers Inflation Forecast For 2022 to 11-13% From 12-15%
MOSCOW (Sputnik) - The Bank of Russia lowered the forecast for inflation in the country for 2022 to 11-13% from 12-15%, follows from the release of the regulator.
"Annual inflation will total 11.0-13.0% in 2022 and, given the monetary policy stance, drop to 5.0–7.0% in 2023, returning to 4% in 2024," the central bank said in a statement.
The decline in Russia's GDP in 2022 may be closer to 4%, the dynamics of business activity is better than July expectations, the Bank of Russia said.
In July, the central bank of improved its forecast for a decline in Russia's GDP in 2022 to 4-6% from 8-10%.