Monday, November 17, 2014

Uljukaev year-end forecasts inflation at 9 percent – On the eve

Uljukaev year-end forecasts inflation at 9 percent – On the eve

The Minister of Economic Development of Russia Alexei Ulyukayev said that inflation in the country by the end of this year could reach 9%.

“By the end of this year, most likely, inflation will be below 9%. Today, we have 8.5%. Expect weekly and monthly inflation this year we will be lower than in the past, there is no reason “- he said.

According to the minister, in the first quarter of 2015. Inflation in annual basis and may reach 10%.

Recently, the Minister of Economic Development of Russia Alexei Ulyukayev said that our country has entered into a negative stage of the economic cycle. The politician believes that this is due to the weakness of the Russian economy, according to “Komsomolskaya Pravda”.

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