The Central Bank predicted the return of the Russian economy to growth in 2016


Moscow. October 21. The CBR expects growth of Russia’s economy in 2016, said the head of the Bank of Russia Elvira Nabiullina, speaking in the state Duma on Wednesday.

“The Russian economy is still, unfortunately, is negative, there are some signs of stabilization. We expect resuming growth in 2016”, – said Nabiullina.

She noted that inflation in Russia slows down. The Central Bank forecast at the end of the current year amounts to 12-13%, this is determined by moderately tight policy of the Central Bank and the gradual exhaustion of the effect of the depreciation of the ruble at the end of last summer and this year.