Sergey Ignatiev:"Russia has a good chance of holding inflation to the planned 8%-10% level"

Sunday, July 12, 2020

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Russia has a good chance of holding inflation to the planned 8%-10% level, Sergey Ignatiev, chairman of the Russian Central Bank, declared Friday during a meeting with Russian President Vladimir Putin. Ignatiev called the nation's macroeconomic situation favorable and said inflation for the first quarter of 2004 had come in at 3.5% (it was 5.2% for the same quarter a year ago).