Russia: maximum rate of inflation to reach 7.6%
In 2014, in Russia the peak rate of inflation can reach 7.6%, declared the Head of the Long-term Strategic Planning Department of the Ministry of Finance of Russia, Maxim Oreshkin on May 6, 2014.
At the same time, the forecast for the end of 2014 is stable of 5-6%.
M.Orechkin stated the inflation growth is based on the price significant increase for certain food commodities, first of all milk, dairy products and pork.
At the same time the Ministry of Finance forecasts the GDP decrease in the second quarter of the current year due to the poor economic dynamics.
You should be authorized to post comment
Russia planted spring grains throughout 6.2 mln ha — Ministry of Agriculture
April 29, 09:30
Russia: no reason to cancel the export duties on wheat - Ministry of Agriculture
April 28, 17:15
Russia: Ministry of Agriculture increased the forecast of wheat exports in 2015/16 MY
April 28, 15:00
In 2015/16 MY, Russia to achieve the absolute record in wheat exports – Rusagrotrans
April 28, 13:25
In 2016, Russia to increase grain production by 0.67 mln tonnes - ProZerno
April 28, 10:35
Russia: planted areas under corn to keep the expansion dynamics — APK-Inform
April 27, 10:05
In 2016, Russia to increase oilseed crops production by 1% - APK-Inform
April 26, 17:25