Wednesday, June 1, 2011

Inflation in Russia since the beginning of the year amounted to 12,5%

Inflation in Russia for the period from 25 November to 1 December was 0.2%, and YTD - 12.5%, reported the Federal Statistics Service. According to the current forecast of the government approved in August, as a whole for the year consumer price growth in the country should not exceed 11.8%. However, in early November, the Minister of Economic Development Nabiullina said that this year they will be from 13% to 13.5%. In 2007 inflation in Russia amounted to 11,9%, becoming the highest since 2003.

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