Russia sees inflation reaching 17% in 2015
As the Russian currency continues to suffer given the slumping prices of crude, the deputy economy minister of the country has on Wednesday expressed that inflation in the country could hit 17 per cent this year.
Alexei Vedev reportedly said that inflation will come in during March - April when the year –on -year inflation could touch 15 to 17 per cent.
The official inflation has already reached 11 per cent as the rouble has been blown hard by falling oil prices and the Western sanctions over Ukraine conflict.
Alexei Vedev reportedly said that inflation will come in during March - April when the year –on -year inflation could touch 15 to 17 per cent.
The official inflation has already reached 11 per cent as the rouble has been blown hard by falling oil prices and the Western sanctions over Ukraine conflict.
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