In Russia, price growth may exceed 4% due to government measures to accelerate economic growth. This was stated by the chairman of the Central Bank Elvira Nabiullina at the International Financial Congress.

"In some cases, perhaps a short-term acceleration of inflation - and maybe even slightly above 4%.

And we understand that it is not always reasonable to try to avoid this, so as not to damage economic growth, "Nabiullin is quoted as saying" Vedomosti ".

The head of the Central Bank noted that the deviations will be short-term and inflation will return back to 4%. According to her, the monetary policy of the Central Bank is built in such a way that the regulator will in any case cope with the inflationary consequences of government measures.

In May, inflation in annual terms remained at the level of 2.4%. The Central Bank's goal is to keep inflation at 4% in 2018 and further.