Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
Astronauts to make quickest trip ever to ISS in DecemberScience & Space September 22, 16:27
MOSCOW, December 26. /TASS/. The outlook for inflation in Russia as of 2016 year-end was revised upward from 5.8% predicted earlier to 5.6%, the Ministry of Economic Development said on Monday.
"According to the estimate of the Russian Ministry of Economic Development, consumer inflation will be 5.6% as of 2016 year-end, which is slightly lower than in the formal outlook, owing to greater ruble strengthening and remaining low consumer demand," the Ministry said.
November inflation remained actually at the prior month level and was 0.4%. Inflation is steadily declining on an annualized basis from 7.5% in June to 5.8% in November. Consumer prices growth remain at the lowest levels since the year beginning.
"Inflation was 5.2% within the period from January to December 12, 2016, while it was 12.5% a year earlier. This is a great success in a drive against inflation," the Ministry said.