Russia’s Economic Development Ministry keeps inflation forecast unchanged

Itar Tass
Thursday 14th November, 2013

NOVOSIBIRSK, November 14 (Itar-Tass) – Russia’s Economic Development Ministry will not change its inflation forecast for 2014. “Even if this year’s inflation rate can be slightly higher than 6%, a forecast for the next year is quite acceptable,” Deputy Economic Development Minister Andrei Klepach told reporters on the sidelines of the international technological development forum Technoprom in Novosibirsk, Siberia, on Thursday. “We can stay within 5% or lower.” Finance Minister Anton Siluanov said on Wednesday this year’s inflation would range between 6% and 6.2%. On the sa…

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