Russian Inflation Rate for 2016 May Be 7-7.5%
Wednesday, 16 March 2016 09:36
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Russian Inflation Rate for 2016 May Be 7-7.5%
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11:36 16.03.2016(updated 11:40 16.03.2016) Get short URL

© Sputnik/ Iliya Pitalev

MOSCOW (Sputnik) – Russia's rate of inflation for 2016 should be in the ballpark of 7 percent, Russian Economic Development Minister Alexei Ulyukayev said Wednesday.

"[The economy] will depend on the decrease of capital outflow and the level of inflation at approximately 7.5 [percent] for this year and to 5.5 percent for the end of the three-year period [ending in 2018]," Ulyukayev said during a government session in the Russian lower house of parliament.

source: http://sputniknews.com/russia/20160316/1036370755/russian-inflation-rate.html

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