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Economy Ministry confident Russia will reach 2017 inflation target

MOSCOW, March 7. /TASS/. Russia will most probably deliver the 4% inflation target this year, the Ministry of Economic Development told TASS on Tuesday.

"The Russian Ministry of Economic Development will prepare the annual [inflation] estimate within the framework of scenario conditions and main parameters of the mid-term forecast. At the same time, there are actually no doubts that the target inflation level will be achieved as of 2017 year-end," the ministry said.

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