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Russia’s annual inflation not to exceed 6 percent

“If in the first six months the inflation exceeds 6 percent, we would have to index social allowances,” Finance Minister Anton Siluanov said

MOSCOW, May 15 (Itar-Tass) - Russia’s Finance Ministry forecasts that the country’s annual inflation rate will not exceed 6 percent.

“If in the first six months the inflation exceeds 6 percent, we would have to index social allowances,” Finance Minister Anton Siluanov said. “The annual inflation will remain within the bounds of 6 percent or slightly more.”

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