MOSCOW, April 12 Russian inflation could fall
below 4 percent in April-May, but inflation pressure in the
second half of the year could make it difficult to keep
inflation near the central bank's target in 2018, analysts at
the Russian central bank said on Wednesday.
The analysts also said in a report that the current balance
of inflation risks allowed for a gradual reduction of the
central bank's key rate.
The central bank should be careful with lowering the key
rate to keep inflation near 4 percent in 2018-2019, and Russian
gross domestic product could grow by 2 percent this year, they
added. Next key rate policy meeting is set for April 28.
The opinions expressed by the analysts do not necessarily
reflect the official position of the central bank.
(Reporting by Elena Fabrichnaya and Alexander Winning; editing
by Katya Golubkova)