Date: 4 months ago   Category: Economy

The Ministry of Economic Development raised the forecast for inflation in 2018 — Rambler News Service


Photo: globallookpress.com Growth rates of consumer prices in December will make 0.5-0.6% month by a month, annual rates of inflation following the results of 2018 are expected at the level of 3.9-4.0%, follows from the "An economy picture" for November prepared by the Ministry of Economic Development. "According to the Ministry of Economic Development of the Russian Federation, in December growth rates of consumer prices will be 0.5 - 0.6% month by a month. Annual rates of inflation following the results of 2018 are expected at the level of 3.9-4.0%. The cumulative contribution of course dynamics to the rate of annual inflation is estimated at the level of 0.5 - 0.6 items", - it is said in the document. It is noted that inflation in November accelerated up to 3.8% in comparison with 3.5% in October. In the middle of November the Minister of Economic Development Maxim Oreshkin said that inflation following the results of 2018 will exceed 3.4% put in the forecast of the Ministry of Economic Development including because of course dynamics. In the "An economy picture" presented earlier for October, the MEDT expected that in annual terms growth rates of consumer prices in November and December will accelerate up to 3.7-3.8% year-on-year.

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