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Finance Ministry forecasts Russia's YoY inflation at 7.2-7.3%

MOSCOW, April 21. /ITAR-TASS/. The Finance Ministry forecasts Russia’s year-on-year inflation at 7.2-7.3% in April 2014, and 7.5% peak in May-June, Director of Finance Ministry’s Long-Term Strategic Planning Department Maxim Oreshkin told reporters on Monday.

In his words, the country’s inflation rate may become drastically below six percent. Oreshkin does not rule out that the indicator will meet the official projection of 4.5-5.5%.