By the end of 2014 the inflation in Russia will reach 8%, and in 2015 the index will fall to 6-7%, announced the World Bank report on the condition of the Russian economy, published on September 24.
According to the bank experts, taking into account some weakening of the RUR/USD exchange rate and the effect of the ban on food imports to Russia, it can be assumed that in the remaining months of 2014 the inflationary pressure will remain rather high.
According to the estimations, by the end of 2014 the inflation index will reach nearly 8%, and exceed the inflation range by the Bank of Russia at the level of 6-6.5%.
