Economic Minister: Russia mayhave inflation of 10.5% in 2015

MOSCOW, Jul 7 (PRIME) -- The Economic Development Ministry will keep its 2015 inflation forecast of 11.9%, at least until September, but believes that a 10.5% inflation by the end of the year is realistic, Minister Alexei Ulyukayev told reporters on Tuesday.

“The official forecast is 11.9%, and we will not change it before bringing it before the government, it will stay until September. But at the moment we see most likely dynamics – up to 10.5% by the end of the year,” he said.

The central bank expects Russia’s inflation to stand at 10.8% in 2015.

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