Tuesday, March 3, 2015

Russia “experienced” peak annual inflation in February – NIA-Krasnoyarsk

This opinion was expressed on the eve of Russian Finance Minister Anton Siluanov. According to him, the peak of the annual inflation rate was in February, reaching 16,2-16,4%.


  
 

«Now I can not say exactly, were estimates that 16,2-16,4%. This year to year. Most (inflation) is related to one-off factors: the consequences of weakening of the so-called trade restrictions. We hope that this peak must pass and inflation will decline “- quoted by Tass agency.


 

However, the Ministry of Economic Development of Russia believe that the peak in inflation will be in March-April, then it can reach 15-17% in annual terms. “Inflation in March in annual terms can be 17%. April will be the highest point (on inflation in annual terms – approx. Ed.) – At 17% plus, “- said earlier the head of the Ministry of Economic Development Alexei Ulyukayev.


 

The Central Bank expected to return to the level of annual inflation to 10% at the beginning of next year.

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