The Ministry of economic development: inflation in Russia may be reduced to 14.5%

The Ministry of economic development in June reported that the decline in inflation in annual terms in September can reach 14,3-14,5%. According to Deputy economic development Minister Alexei Vedev, the trend of inflation is on the decline. In June, the figure will be less than in may. "We estimate inflation for June at the level of 0.2-0.3% in September inflation in annual expression will decrease to 14.3 to 14.5%," said Vedev TASS. As written, the Internet portal "Kuban 24", according to Rosstat, inflation in Russia in April fell to 16.4%. In may, the Ministry of Finance of Russia gave a forecast that inflation for the year will amount to about 11%.