Date: 4 days ago   Category: Economy

The Ministry of Economic Development allowed acceleration of inflation to 5.7% in March-May — Rambler News Service


Photo: Интерпресс / Peak values of inflation of 5.5%-5.7% will be observed by PhotoXPress.ru in annual terms in March-May, following the results of a year at preservation of stable ruble exchange rate inflation will fall lower than 5%, follows from prepared by Ministry of Economic Development "Economy picture" for January. "In February, 2019 inflation, by assessment, will be 0.5-0.6% of mom (5.2-5.4% of yoy). At the same time inflation will take place peak values (5.5-5.7% of yoy) in March-May of the current year", - it is said in the document. It is noted that "following the results of a year at preservation of stable ruble exchange rate inflation will fall lower than 5%". In December the head of the Central Bank Elvira Nabiullina said that in dive in March-April annual inflation can exceed 5.5%, and even to reach 6%. Later the first vice-president of the Central Bank Ksenia Yudayeva told that inflation can be 5.5-6% in the first quarter 2019, and will decrease then. Following the results of a year the Central Bank expects inflation at the level of 5-5.5%. The Minister of Economic Development Maxim Oreshkin in an interview of Business of FM radio station in January said that half a year ago the ministry predicted inflation in 2019 at the level of 4.3%. Oreshkin noted that the MEDT considers quite real that increase in prices following the results of a year will not exceed 5%.

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