Econ minister sees 2019 inflation forecast above 4.3%, below 5%

SOCHI, Feb 14 (PRIME) -- Economic Development Ministry’s adjusted 2019 inflation forecast will range between the current expectation of 4.3% and 5%, Economic Development Minister Maxim Oreshkin told reporters on Thursday on the sidelines of the Russian Investment Forum.

“We are going to adjust all figures. Something may change, obviously,” he said.

He also said that the forecast will be raised from the current figure of 4.3%, but kept below 5%.

On Tuesday, the ministry said in a report that Russia’s inflation will pass peak levels of 5.5–5.7% in March–May and fall below 5% until the end of the year if the ruble is stable.

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