Central banker expects inflation risks in Russia in 2013 to remain at current level
MOSCOW. Nov 14 (Interfax) - Inflation risks in 2013 will be comparable to the situation that Russia is seeing at the moment, CBR first deputy chairman Alexei Ulyukayev told reporters Tuesday on the sidelines of a Bankers' Day organized by Itogi magazine.
"Approximately comparable to that which exists now," Ulyukayev said, speaking about the outlook for inflation risks in 2013.
He said annual inflation in 2012 will be higher than in 2011, but will remain in within the range of 6% to 7%. Ulyukayev said earlier that inflation would be 6.5-6.7% this year.
The Central Bank plans to keep inflation at 5-6% in 2013.
In speaking about inflation risks in 2013, Ulyukayev remarked that he is referring to the combination of all factors: food prices, supply side inflation and monetary factors.
He stressed that the CBR does not intend to propose special measures to curb food inflation. "We're not going to propose anything like that, specially we won't," Ulyukayev said, adding that this falls within the authority of the government.
