Russia's Central Bank sees inflation accelerating towards targetStaff Writer | February 21, 2018
Russia's inflation is seen gradually accelerating towards a central bank target of 4%in the second half of 2018, the central bank said in a monthly report on inflation.
Russia Muted demand in the economy
The central bank added that muted demand in the economy and declining inflation expectations have helped anchor inflation at low levels, Reuters reported.
By the end of the year, inflation is seen slightly below 4%, according to the central bank, which last cut its key rate to 7.5% earlier this month ■