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Russian inflation hits 7.2% year-on-year

April 25, 2014, 14:34 UTC+3 MOSCOW
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MOSCOW, April 25./ITAR-TASS/. Annual inflation in Russia has risen to 7.2%, calculated at April 21, the Central Bank said on Friday. In March, the figure was 6.4%

A forecast of annual inflation 5% higher than target at the year-end had become more probable, the bank said.

This was due to stronger-than-expected impact of currency exchange dynamics on consumer prices, growth of inflation expectations and an unfavourable market climate.

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