Russia's Inflation May Top 7.4% In 2021 - Economic Development Ministry

Russia's Inflation May Top 7.4% in 2021 - Economic Development Ministry

Inflation in Russia in 2021 may turn out to be higher than 7.4%, Economic Development Minister Maxim Reshetnikov told reporters at a briefing

MOSCOW (Pakistan Point News / Sputnik - 24th November, 2021) Inflation in Russia in 2021 may turn out to be higher than 7.4%, Economic Development Minister Maxim Reshetnikov told reporters at a briefing.

"I would not like to tell you our estimates now, of course, there are working estimates. We do not rule out that the 7.4% estimate may be exceeded," Reshetnikov said.

In mid-October, the Ministry of Economic Development and Trade raised the estimate of inflation in Russia for 2021 to 7.4% from 5.8%.