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

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

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.

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