The MAYOR declared the reduction of inflation to 3% in annual terms

5 October 2017, Thursday

Inflation in Russia at the moment fell to 3% in annual terms, said the head of the RF Ministry of Maxim Oreshkin.

«This year the Russian economy after two difficult years has entered a new phase of economic growth. Now the rate of GDP growth exceeds 2%. For the year we expect 2.1 percent. Inflation fell to the level of 3%,» he said, speaking at the Russian-Saudi investment forum.

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