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Consumer price inflation to speed up to 7.1 pct – Ulyukayev

October 06, 2011, 14:39 UTC+3
In October the growth will measure 0.1 percent a week, and in November and December, 0.2 percent, he said
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MOSCOW, October 6 (Itar-Tass) —— Russia’s consumer price inflation by the end of the year will speed up to 4.1 percent, the first deputy president of the Bank of Russia, Alexei Ulyukayev told the investment forum Russia Calling.

He said the accrued inflation in January-September had reached 4.7 percent. Ulyukayev believes that “as early as this year inflation rates will accelerate.”

In October the growth will measure 0.1 percent a week, and in November and December, 0.2 percent, he said.

“It is very probable that in three coming months the accrued consumer price inflation will reach two percent.”

Ulyukayev believes that in Russia these days “the level of inflation has a socially normal significance.”

 

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