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Sberbank CIB sees Russian inflation close to 3% in 2020

MOSCOW, Jan 13 (PRIME) Ц RussiaТs inflation will slow down to 2.5% by March and will be close to 3% at the end of 2020, Sberbank CIB said in a report on Monday.

УWe do not expect noticeable upward pressure on prices and we think that inflation will again be close to 3% at the end of the year,Ф the bank said, adding that the gross domestic product (GDP) dynamics and the consumption rise will be modest.

The central bank expects JanuaryЦMarch inflation to be below 3% and puts it at 3.5Ц4.0% for the whole year.

End

13.01.2020 12:00
 
 
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