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.
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