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Putin’s aide sees Russia’s 2014 inflation at about 10%

December 19, 2014, 16:27 UTC+3 MOSCOW
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MOSCOW, Decemmer 19. /TASS/. Russian consumer prices will rise 10% in 2014, Andrey Belousov, aide to President Vladimir Putin, told reporters Friday.

“Inflation will reach about 10%. Now it stands at, as I remember, at 9.5-9.6%,” Belousov said, pointing out that the accuracy of inflation’s calculation has its deficiencies, and it may be recalculated, but will stay at around 10%.

He also confirmed that the government held no talks about additional increases of tariffs of natural monopolies in 2015. Earlier on Friday, Deputy Economic Development Minister Nikolay Podguzov said the ministry does not plan to revise its tariff indexation plan for 2015 despite rising inflation.

On December 1, Economic Development Minister Alexey Ulyukayev said Russia’s 2014 inflation may exceed 9%.

According to the Federal State Statistics Service, inflation rose 9.4% since January 1 as of Monday.

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