All news

Inflation in 2012 may be a little higher than 6%

Due to a number of factors the inflation rate might be higher than in the previous year

BARNAUL, February 21 (Itar-Tass) —— Russian Prime Minister Vladimir Putin believes that the inflation rate in 2012 may be a little higher than six percent, recorded in the previous year.

“According to preliminary estimates, the inflation is expected to be about six percent next year. I will recall that it was 6.1% in the previous year that is the lowest inflation rate for the last 20 years,” he said at a meeting with police officials. “I am not confident that we will succeed in keeping the inflation at the same level next year, though we are aiming at six percent. It may grow a little bit for some reasons,” the Russian prime minister underlined.