Central Bank of Russia not seeking to achieve 4% inflation target at any cost - Nabiullina

MOSCOW. April 16 (Interfax) - The Central Bank of Russia does not seek to achieve the 4% inflation target by the end of this year at any cost, CBR Governor Elvira Nabiullina said at the Moscow Exchange Forum.

"We could still now make decisions that would bring inflation down to low levels, but we do not consider this appropriate," she said.

Nabiullina noted that the Central Bank is interested specifically in sustainable inflation, which is expected to be near 4% in H2 2026.

The Central Bank forecasts inflation at the end of 2026 at 4.5%-5.5%.