36372
Russia Inflation May Reach 7.5%
World Economy

Russia Inflation May Reach 7.5%

The annual inflation in Russia may reach 7-7.5% this year, Minister of Economic Development Alexei Ulyukayev said in an interview with the NTV television channel on Sunday, Tass reported. “It is high, very high, but only recently it was catastrophically high,” he said, calling inflation a problem “which is not easy to cope, but we shall manage.” “The situation is more complicated with the economic growth, as it requires more time and efforts to recover, and still I hope this year we shall return to that trend,” the minister said. The Central Bank said inflation in February would go down to 8.3-8.7% against the previous year.

Short URL : http://goo.gl/f5cnn7
  1. http://goo.gl/PdpZGC
  • http://goo.gl/fTKblx
  • http://goo.gl/lxwrku
  • http://goo.gl/DPPBPt
  • http://goo.gl/ln4GCy

You can also read ...

Innovation, Technology Should Boost Hong Kong Economy
Innovation and technology will become profitable in Hong Kong...
Annual expansion in the second quarter fell to 4.5%.
Malaysia cut its full-year growth forecast and reported much...
Government data shows the number of jobs created in July fell to the lowest levels in over eight years.
South Korea’s ranking officials revealed a disparity in their...
Canada Inflation Surges
Canada’s inflation rate surged to 3% in July, fueled by rising...
As technological progress makes people richer in terms of many basic goods and services, it may be inevitable  that more human activity is devoted to zero-sum competition for available income and assets.
Across the global economy, the potential for automation seems...
Trade War Won’t Dent China GDP
Analysts are trying urgently to evaluate the potential impact...
Italy to Launch New Infrastructure Plan
The government will launch a plan aimed at making Italy’s...
Amazon to Challenge TiVo With Live TV Recorder
Amazon.com Inc. is developing a new device that records live...

Trending

Googleplus