Russia's Audit Chamber: Inflation will exceed its limits this year

Read on the website Vestnik Kavkaza

At the end of this year, the Russian economy is unlikely to reach the planned inflation rate of 12.2%, is the conclusion of a report by Russia's Audit Chamber on the draft federal budget for 2016.

"There is a risk of exceeding the expected assessment of inflation in 2015, presented in the forecast. As of October 26th 2015, the level of inflation is expected to be 11.2% in comparison with the beginning of the year.