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Klepach forecasts February inflation at 0,5%

February 06, 2014, 21:40 UTC+3 MOSCOW
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MOSCOW, February 06, 21:01 /ITAR-TASS/. Russia’s inflation in the current month is expected to be at 0.5%, Russian Deputy Economic Development Minister Andrei Klepach told reporters on Thursday. 

“I think that February’s inflation will be smaller than January’s index. May be it will be at 0.5%,” he said. In January 2014, the country’s inflation gained 0.6%. The year-on-year inflation amounted to 6.1% as of the end of January.

“I believe that the year-on-year inflation will also continue decreasing in February,” Klepach said. In his estimates, there is no result of the Russian rouble weakening, which occurred at the beginning of 2014. “Perhaps the rouble weakening will exert an influence on the inflation rate within two or three months,” the deputy minister said.

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