Nabiullina: Russia has undergone the peak of inflation

Nabiullina: Russia has undergone the peak of inflation

The peak of inflation in Russia, apparently, has already been passed, the Chairman of the Central Bank of Russia, Elvira Nabiullina, said on the margins of the IMF-World Bank Spring Meeting in Washington.

"But we cannot state this with full confidence, because the weekly inflation is quite volatile, although the base effect works for the annual inflation, so, most likely, we are passing this peak. It has turned out to be less acute than we initially expected,”  RIA Novosti quotes her as saying.

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