This is stated on the regulator's website.

“Inflation is developing in accordance with the forecast of the Bank of Russia and by the end of 2020 is expected to be in the range of 3.9-4.2%.

The epidemiological situation in the world and in Russia is deteriorating, ”the press release says.

Earlier, the head of the Central Bank of Russia Elvira Nabiullina said at an online conference following a meeting of the regulator's board of directors that the Central Bank sees the need to maintain soft monetary conditions next year to stabilize the inflation rate near 4%.