Inflation will hit Russia in March
1st Deputy Chairman of the Bank of Russia Ksenia Yudaeva arranged for monitoring the level of inflation. She said that the level of increase of tariffs is located at the level of 8.9% in annual terms.

1st Deputy Chairman of the Bank of Russia Ksenia Yudaeva arranged for monitoring the level of inflation. She said that the level of increase of tariffs is located at the level of 8.9% in annual terms.
By March, when the predicted peak stagnation of the economy, higher prices may reach 10%. Previously targeted a sign of stagnation of the economy was less than half.
The people of Russia do not have to rely on the original monitoring the level of stagnation of the economy in 2014. The Central Bank again correct target signs of appreciation. Taking into account the opinion of the first Deputy Chairman of the Central Bank Ksenia Yudaeva, the peak of the economic stagnation in Russia has not yet passed. A rate increase may reach double-digit mark, said the adept controller, acting within the framework of the seminar with officials of the regional authorities and the adepts of the public chamber of the RF subjects.
As informs journalist Days.Roux, Yudaeva said that the acceleration of the economic stagnation caused a few moments to start trade restrictions and the dynamics of the ruble exchange rate. The stagnation of the economy in the current quarter, "not just eclipsed the target characteristics of the Central Bank, but increased to values, from which the last few years we lost touch", said the Chairman of the Central Bank.
According to reliable information, the Deputy head of the regulator, the stagnation of the economy in Russia is about 8.9%. At that moment, Yudaeva noted, "grocery goods she even higher - approximately 12%". According to estimates of the Central Bank, the peak stagnation of the economy has not yet passed. By the end of the year stagnation of the economy will surpass 9%, and the peak in the 1st quarter of 2015. "According to our preliminary estimates, the stagnation of the economy may be closer to 10%," said Yudaeva.
The Chairman of the Bank of Russia said that the weakening of the ruble against the dollar has happened about 40% and the Euro by approximately 20-30%. "This does not mean that economic stagnation will jump to the same extent as it happens the switching demand away from imported to domestic products, the cost of which grow much more slowly," said Yudaeva.
She announced the opinion that most likely will happen further reduction of tariffs on oil. The Central Bank consider 3 scenarios in the years 2015-2017. At a cost of $ 80 per barrel, Russia's economy will feel absolutely comfortable: in spite of the likely regress in 2015 0.7% drop in demand and investment, by 2017 it is expected alignment and reduce stagnation of the economy to 4.5%.
When the Central value of $ 60 per barrel with a further increase to $ 80 in 2015, the economy of Russia is waiting for the recession - bottomless, but temporary. Then it is assumed rapid growth with lower inflation expectations. Finding the cost of oil at around $ 60 per barrel for a long time will require more austerity, with a focus on import substitution, said the Central Bank.