MED: Counter sanctions won't influence inflation anymore

MED: Counter sanctions won't influence inflation anymore

This year counter-sanctions will cease to have an impact on inflation in Russia. This was stated by the deputy head of the Ministry of Economic Development of Russia, Alexey Vedev, at a meeting of the debating club Association of Independent Centers of Economic Analysis.

"The largest contribution to the increase in inflation was the weakening of the ruble in 2015. The stabilization of the ruble will decrease inflation, and the effect of counter-sanctions will fade away in 2016,'' Tass cites him as saying.

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