Ulyukayev: inflation in Russia by the end of 2015 will amount to 12.4-12.5 per cent


MOSCOW, December 7. Inflation in Russia by the end of 2015 will amount to 12.4-12.5 per cent. This forecast was voiced in an interview with TV channel “Russia 24” the Minister of economic development of Russia Alexei Ulyukayev.

“I think this year we have a forecast accuracy up to tenths. The forecast of inflation was 12.2%, may be two-tenths more – 12,4-12,5%”, – said the Minister.

Now in the Russian economy has a capacity for the transition in 2016 to unstable, but the growth – the speaker.

Risks of high volatility in the market leveled

Free floating of the ruble, the availability of reserves, the establishment of special institutions and tools of the state support allow to mitigate the risks of high volatility in the markets. About it in interview to TV channel “Russia 24” said the Minister of economic development Alexei Ulyukayev.

“Let’s see how to move the world prices for metals, food, oil, gas. The movement is very large. And it is good that we have a built-in shock absorbers, such as free floating of the ruble, such as the availability of reserves, the establishment of special institutions and instruments of state support, which allow you to mix those risks that arise in connection with this high volatility,” – said Ulyukayev.

Industry of the Russian Federation in 2016 will be able to return to growth in the range of 1% – Ulyukayev.

Capital outflows in 2015 will not exceed $70 billion, will be slightly less than this amount – the speaker.

The MAYOR sees no risks to macroeconomic stability, implementation of the budget and the banking system – the speaker.