In an interview with Reuters, a news agency, Simor said that there was a "good chance" the central bank will "significantly undershoot" the target of 3% over a time horizon of 1.5-2 years.
November's figure of 4.2% represents a significant fall from rates of 8-9% seen at the beginning of 2007.
The interview was released the same day as the central bank's Monetary Council met in a non-rate-se
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