MOSCOW: The Russian central bank has revised its 2012 inflation forecast to 6.3 percent, up from a 5-6 percent target set earlier, state-run news agency RIA cited the bank's First Deputy Chairman Alexei Ulyukayev as saying on Thursday.
Analysts have said that the central bank's hopes of keeping inflation below 6 percent this year were unrealistic. Consumer prices had risen by annual 6.3 percent by mid-September due to spike in global food prices and weaker domestic harvest.
"For next year the (inflation) figure is the as (forecast) for this year at 5-6 percent, and 4-5 percent for 2014-2015," Ulyukayev was quoted as saying. He also said that capital outflows are expected at $60-65 billion this year.
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