Date: 2 months ago   Category: Finance

The Central Bank has reported about acceleration of trend inflation up to 5,02% — Rambler News Service


Assessment of annual rates of trend inflation has increased in August, 2018 from 4,85% to 5,02%, the Central Bank reports. "The methodology of calculation of trend inflation allows periodic reaction of assessment to temporary factors of dynamics of the prices. According to us, this circumstance in many respects explains the August growth of assessment of trend inflation to level over 5%" — it is said in the statement. "At the same time the termination of significant decrease in estimates of trend inflation since March, 2018 probably indicates stabilization of inflationary pressure among separate the steadiest the CPI component at the level which is a little exceeding 4%" — I have added the regulator. Trend inflation substantially reflects rates of basic inflation. This indicator is considered by the Central Bank at making decisions on a key interest rate.

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