( RBC ) Russian President Vladimir Putin expects the inflation to be slightly above 8 percent in 2007, the Vesti channel reported. The President also noted in Sochi that the inflow of capital is forecast at roughly $70bn.
Putin stated that despite a "certain dependence" of the Russian market on global trends the nation had managed to create a favorable environment fostering economic growth. Therefore, Putin believes, Russia is unlikely to suffer an economic crisis due to the instability of global markets.