Macroeconomy

Inflation in Russia will exceed 8% by the end of 2014

According to the forecast of the Minister of economic development Alexei Ulyukayev at the end of 2014 inflation in Russia could exceed 8%, since its growth rate is 0.2% per week (according to Rosstat).

Thus, the Ministry raised its forecast increased from 6-7% to 8%. Inflation will be not less than 15% in 2015. // Moscow// 22/10/2014, Source: Rossiyskaya gazeta