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26Dec14
Inflation in Russia in 2015 to total some 10% -- Ulyukayev
The Russian Ministry of Economic Development has prepared a simple scenario for development of Russian economy at a price of $40 per barrel, Russian Economic Development Minister Alexey Ulyukayev said
Inflation in Russia in 2015 will total some 10%, Russian Economic Development Minister Alexey Ulyukayev said in an interview with the Rossiya 24 TV channel.
"In 2015, inflation will be about 10%, December on December (2014)," Ulyukayev said.
The Russian Ministry of Economic Development has prepared a simple scenario for development of Russian economy at a price of $40 per barrel, Ulyukayev said.
"We are building some simple scenario models. For example, we have made simple calculations based on a price of $40 per barrel," Ulyukayev said.
It is inexpedient to freeze prices on socially significant goods, since it may transform inflation into a form of merchandise shortage, the minister added.
[Source: Ria Novosti, Moscow, 26Dec14]
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