MOSCOW (Reuters) - Russia's inflation is on a downward path, but is not falling fast enough to give confidence that the central bank's 4 percent inflation target will be reached by the end of 2017, analysts at the central bank said in a research note on Thursday.

The views expressed by the economists do not necessarily reflect the official stance of the central bank.

(Reporting by Lidia Kelly and Elena Fabrichnaya; editing by Maria Kiselyova and Jack Stubbs)