Central Bank Chairman Sees Inflation Target as Attainable

Cumulative consumer-price growth probably won’t exceed 5.5 percent in the six months through June and 1.5 percent in the second half of the year, Central Bank Chairman Sergei Ignatyev said. The full-year target of 6 percent to 7 percent for consumer price growth is “entirely achievable as long as the harvest this year isn’t worse than average,” Ignatyev said at a conference in Moscow on Tuesday. […]