December 21, 2016 / 1:04 PM / 7 months ago

Russia central bank says inflation expectations decline further

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People walk past the Central Bank headquarters in Moscow, Russia, April 29, 2016.Maxim Zmeyev/File Photo

MOSCOW (Reuters) - Inflation expectations among Russia households declined further in December, the Russian central bank said in a report published on Wednesday.

No steady trend in inflation expectations slowdown, however, was a reason why the central bank was sticking to a moderately tight monetary policy, it said.

Reporting by Andrey Ostroukh; Writing by Alexander Winning

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