Inflation target of 5 percent can still be achieved in 2014 - Nabiullina

The 2014 inflation target of 5 percent can still be achieved, Central Bank head Elvira Nabiullina said at a meeting with Russian President Vladimir Putin.

The 2014 inflation target of 5 percent can still be achieved, Central Bank head Elvira Nabiullina said at a meeting with Russian President Vladimir Putin.

"By our estimates, and taking into account the measures adopted, we can achieve the stated target of lowering inflation to 5 percent by the end of the year, although in general, inflationary pressure is still intense," she said.

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