The Russian authorities don't seem to be following the planned level of inflation over the next two years: in 2011 price growth could reach 8-9% and in 2012 should fall to 7%, according to the experts of the World Bank, RIA Novosti reports.
However, the ministry of economic development of Russia hasn’t changed its forecast of 6-7% inflation for 2011 yet. The Central Bank of Russia agrees with this appraisal. The head of the Bank of Russia, Sergey Ignatiev, stated that next year inflation would be 5-6%.
