Date: 5 months ago   Category: Economy

The Audit Chamber allowed approach of inflation to 4% by the end of the year — Rambler News Service


The rate of inflation by the end of the current year can approach 4%, also planning period of 2020 and 2021 is told in the conclusion of Audit Chamber on the draft of the federal budget on 2019. "According to Audit Chamber, taking into account the current growth rates of the prices and in view of probability of their seasonal acceleration by the end of the year and also in connection with consequences of possible imposition of new sanctions, the rate of inflation by the end of the year can exceed expected value and approach 4%" — it is noted in the document. According to the document, in 2019 in the forecast growth of inflation with excess of target level – 4,3% for the end of the year is put. In 2020 inflation will make 3,8%, and during 2021-2024 will return to target value of 4%. Earlier in the Ministry of Economic Development said that achievement by inflation of expected value in 3,4% for the end of the year can happen at a ruble exchange rate exit to an expected trajectory since October.

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