• Bank of Russia analysts say inflation most likely to accelerate in upcoming months after a cold spring

Market news

6 June 2017

Bank of Russia analysts say inflation most likely to accelerate in upcoming months after a cold spring

  • Seasonally-adjusted quarterly Gdp growth may stabilise at around 0.5 pct before year-end

  • Increase in inflationary pressure expected in H2 2017 due to cold spring and improving economy

  • These risks unlikely to prevent C.Bank from achieving inflation target this year

  • Appreciation of rouble in jan-april will continue to impact inflation until at least mid-2017

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