Russian minister promises inflation of 15-17% in March-April

 

Russian Minister for Economic Development Alexey Ulyukayev has promised a growth of consumer prices between 15% and 17% in March-April, then decrease to a rate of 12.2%. The average inflation in 2015 will reach 15.8%, according to the minister’s forecasts, TASS reports.Stabilization of the domestic currency market is the main instrument to cope with the high inflation, clarifies Ulyukayev.

 

Russian Minister for Economic Development Alexey Ulyukayev has promised a growth of consumer prices between 15% and 17% in March-April, then decrease to a rate of 12.2%. The average inflation in 2015 will reach 15.8%, according to the minister’s forecasts, TASS reports.

Stabilization of the domestic currency market is the main instrument to cope with the high inflation, clarifies Ulyukayev.