Catch up locals' news in English
2022-08-16T22:46:04.303Z
The Ministry of Economic Development of Russia predicts inflation of 13.4% by the end of 2022. This was told to RIA Novosti by a federal official familiar with the discussion of the draft forecast of the ministry for 2023 and the planning period of 2024-2025. According to him, inflation indicators in Russia will decrease, since in March, according to some estimates, inflation was 17.5%, and by December it will drop to 13.4%. Deflation, the source said, will end before the end of the year.
This was told to RIA Novosti by a federal official familiar with the discussion of the draft forecast of the ministry for 2023 and the planning period of 2024-2025.
According to him, inflation indicators in Russia will decrease, since in March, according to some estimates, inflation was 17.5%, and by December it will drop to 13.4%.
Deflation, the source said, will end before the end of the year.
On August 10, Rosstat reported that deflation for the week in Russia amounted to 0.08%.
Source: russiart
