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Economic Development Ministry retains Russia’s inflation forecast at 4.3% for 2019

Russia Materials 6 March 2019 14:42 (UTC +04:00)
The Russian Ministry of Economic Development retained its forecast for inflation in Russia for 2019 at the level of 4.3%, Minister of Economic Development Maksim Oreshkin asid on Wednesday
Economic Development Ministry retains Russia’s inflation forecast at 4.3% for 2019

The Russian Ministry of Economic Development retained its forecast for inflation in Russia for 2019 at the level of 4.3%, Minister of Economic Development Maksim Oreshkin asid on Wednesday, Trend reports referring to TASS.

"In general, the situation with inflation at the beginning of the year is better than expected, and by the end of the year we see no reason to change our forecast. We expect a slowdown in inflationary dynamics to 4.3% by the end of this year and a decline of 4% next January," the minister said.

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