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
USA extended sanctions against Russia for one year
Russia: buckwheat exports of buckwheat broke the record
Russia: Government not to consider the issue on cancellation of the food import ban in the nearest future – A.Dvorkovich
Russia exported record flaxseed volumes
On March 4, Russia purchased only 5 thsd tonnes of grains to the intervention fund
Russia to allow agricultural imports, if Western companies process the raw materials in Russia – D.Peskov
March 3, 14:20
Russia: construction of the port Taman not to begin until 2018
March 3, 14:10
On March 3, Russia purchased only 3 thsd tonnes of grains to the intervention fund
March 3, 11:15