11 Jul 2011 11:13

Central Bank: inflation to total 0.5% in Q3; deflation possible in one of the months

MOSCOW. July 11 (Interfax) - The Central Bank expects inflation of up to 0.5% in the third quarter and does not rule out deflation in one of the three months, Central Bank First Deputy Chairman Alexei Ulyukayev told journalists.

"We expect inflation in the coming three months will total just a little more than zero, up to 0.5%. There could be deflation in one of the months," he said.