Date: 2 months ago   Category: Economy

The Central Bank will report to FAS about essential deviations of inflation in regions from 4% — Rambler News Service


The Bank of Russia at identification of the essential deviations of annual inflation from the level of 4% arising because of acceleration of increase in prices for certain goods and services in regions will address to the Federal Antimonopoly Service (FAS), the press service of the Bank of Russia has reported. "It is supposed that at identification of essential deviations of annual inflation from 4% in connection with acceleration of increase in prices for certain goods and services the Bank of Russia will address FAS Russia which will provide in turn information, including on a condition of the competition which is available for her in the commodity markets and dynamics of the prices of them. For this purpose the parties have agreed to approve an operating procedure in this direction", - it is said in the statement. It is noted that "The Bank of Russia doesn't exert direct impact on not monetary factors of inflation to which it is possible to carry competition level among producers and retailers, development of logistics, equipment by complexes in storage of food products". "These factors can lead to an inflation deviation from target level (near 4%). Expansion of interaction with FAS Russia regarding influence of the imperfect competition on inflation will allow to create the system of identification of "bottlenecks" in the concrete commodity markets and in concrete regions", - have explained in the Central Bank. Have added to the Central Bank that interaction with FAS will allow to reveal at what stages there is an accelerated increase in prices. "By results of monitoring of the Central Bank will prepare the expert recommendations for federal and regional executive authorities directed to decrease in influence of not monetary factors on inflation", - have noted in the press service of the regulator. According to the regulator, improvement of system of interaction of the Bank of Russia and FAS will allow is more directed to react to deviations of annual inflation from 4% under the influence of not monetary factors and, thereby, to create conditions for her fixing near target level.

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