The Board of the Central Bank decided to keep the interest rate at 15%, the regulator said in a statement. The annual price growth rate slowed down in July-August, but exceeded the figures for the same period last year. Also, inflation expectations in the economy, despite the decline compared to the level in May, are still 14-15%.
Inflationary risks remain in the coming months associated with an increase in aggregate demand due to further growth in economic activity and an increase in seasonal cash receipts in agriculture, energy supply and the supply of certain goods on the domestic market.
