3 Apr 2013 13:23

Russian Central Bank still thinks it realistic to reduce inflation to 6% in 2013

MOSCOW. April 3 (Interfax) - The Russian Central Bank still considers it a realistic task to reduce inflation to 6% in 2013, the bank's Chairman Sergei Ignatyev said at a congress of the Association of Russian Banks in Moscow on Wednesday.

"We still intend to achieve an inflationary reduction for 2013 to no higher than 6%. Of course there are short-term inflationary factors - for example, a bad harvest - that are outside of the Central Bank's control. Nevertheless, the task is completely realistic," he said.