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Russia's central bank governor says inflation to slow by year-end
December 2, 2016 / 9:56 AM / 10 months ago

Russia's central bank governor says inflation to slow by year-end

Russian central bank Governor Elvira Nabiullina speaks during a conference in Moscow, Russia, April 7, 2016. REUTERS/Sergei Karpukhin/File Photo

MOSCOW (Reuters) - Russian consumer price inflation will slow down by the end of this year, central bank governor Elvira Nabiullina told parliament on Friday.

Nabiullina also said that rouble volatility has decreased, and that the banking system is stable. She said she saw Russia’s potential economic growth at less than 1.5-2 percent.

Reporting by Elena Fabrichnaya; Writing by Christian Lowe; Editing by Maria Kiselyova

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