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19 September, Wednesday

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Inflation rate has fallen to historic low in Bashkiria

Economy/Business

UFA, 20 February 2018. /Bashinform News Agency, Galina Bakhshieva/.

The Bashkiria's financial sector operated in conditions of industrial and agricultural production activity, as well as restoration of consumer demand last year.

As a result of the moderately tight monetary policy conducted by the Bank of Russia, the inflation rate fell to a historic low, totaling 2.5% nationwide and 1.6% in Bashkiria. This was reported today at a meeting of the National Bank of the Republic dedicated to the results of the financial sector of Bashkortostan in 2017.

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