According to the Ministry, inflation in 2015 is expected to be 12.2 percent. According to the Deputy head of the Ministry of Finance Maxim Oreshkin, the level exceeds the forecast by a few tenths of a percent.
MOSCOW, 2 Nov. Inflation in Russia by the end of 2015 will be higher than the forecast of Ministry of economic development 12.2% to a few tenths of a percentage point, said the Deputy head of the Ministry of Finance Maxim Oreshkin.
“The inflation by the end of 2015 will be higher than that implicit in the assessment of the Ministry of economic development. It will be higher to 12.2%. For a few tenths of a percent will be higher,” said Oreshkin.