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Russia c.bank: inflation in line with f'cast despite June rise
July 12, 2017 / 4:01 PM / 5 months ago

Russia c.bank: inflation in line with f'cast despite June rise

MOSCOW, July 12 (Reuters) - Russia’s central bank said on Wednesday that inflation was in line with a forecast it made a year ago that inflation would fall to below 5 percent in May-July and to 4 percent at the end of 2017.

Consumer inflation in Russia unexpectedly accelerated to 4.4 percent in June, data showed last week, challenging the central bank’s aim of bringing inflation to 4 percent this year. (Reporting by Alexander Winning; Editing by Maria Kiselyova)

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