OREANDA-NEWS. Bank of Russia's Research and Forecasting Department's has published the fourth issue of Bulletin "Talking Trends". One of its crucial conclusions is deceleration of price growth in February. However inflation risks still remain quite high.

Stabilization in oil price dynamics and ruble exchange rate has not yet given way to revival of economic activity. Authors of the Bulletin still expect the recovery to begin not earlier than the second half of 2016.

At the same time, contraction in oil prices allowed for reduction of risks for financial stability on Russian markets, as stated in the Bulletin.

The Bulletin also introduces a new approach to seasonal adjustment of Russian consumer inflation, which is aimed at providing reliable estimates of current inflationary pressures in the economy.

The views expressed in the Bulletin do not necessarily reflect the official position of the Bank of Russia.