Official: Russian annual CPI to return to single-digit figure Jan

MOSCOW, Nov 25 (PRIME) – The Russian year-on-year consumer price index (CPI) will fall below 10% in January 2016, Deputy Finance Minister Maxim Oreshkin said at a conference Wednesday.

“The main target is to reduce the inflation level, we do follow this track. Inflation will return to a single-digit level already in January,” Oreshkin said.

Oreshkin also confirmed an earlier forecast that CPI will fall to 7% by April.

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