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Russia's inflation at 7 percent this year – Medvedev

"It's much for developed countries, but not bad for us," the head of state said

YAKUTSK, November 15 (Itar-Tass) — Russia's inflation rate will run at 7 percent this year, President Dmitry Medvedev said at a meeting of the Public Committee and the core group of the United Russia party on Tuesday. "It's much for developed countries, but not bad for us," the head of state said emphasizing that "we have still better plans for the next year."