Economy minister says cbankТs 2019 inflation forecast too high
MOSCOW, Jun 17 (PRIME) -- The central bankТs 2019 inflation forecast of 4.2Ц4.7% is too high, Economic Development Minister Maxim Oreshkin told reporters on June 15.
УWeТve already said that we have another inflation forecast, we see inflation below 4% this year. Our colleagues from the central bank adjusted their forecast, but we still think that it is too high,Ф he said.
The ministryТs inflation forecast stands at 4.3%, but Oreshkin said before that inflation in annual terms may fall below 5% until the end of June and below 4% at the end of 2019.
The central bank reduced its inflation forecast to 4.2Ц4.7% from 4.7Ц5.2% on June 14.