Russia 2006 inflation as of Sept. 18 at 7.2% -- CBR

MOSCOW, September 20 (RIA Novosti) - Inflation in Russia totaled 7.2% as of September 18, the first deputy chairman of the Central Bank of Russia said Wednesday.

"According to the figures provided by Rosstat (the Federal Statistics Service) September 18, aggregate inflation in [the first] eight and a half months of 2006 stood at 7.2%," Alexei Ulyukayev said.

He said the figure represented a year-on-year drop of 1.2 percentage points.

Ulyukayev said last week the bank forecast inflation at 8.5% this year, but could make minor adjustments to its forecast depending on inflation figures for September.

In 2005, inflation in Russia stood at 10.9%, according to the Ministry of Economic Development and Trade.

The ministry has set a ceiling for 2006 inflation at 9%, then down to 6.5%-8% in 2007, 4.5-6% in 2008 and 4-5.5% in 2009.

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