Minister of Finance of the Russian Federation Anton Siluanov allowed that the inflation rate may be below 4 percent in 2017

11 April 2017, Tuesday

The inflation may be below 4% in Russia in 2017. This was announced by Minister of Finance of the Russian Federation Anton Siluanov at the annual April Conference at Higher School of Economics.

"We have the reduction of inflation. We expect inflation of about 4% and maybe even lower this year", - the minister has said.

Siluanov also said that the growth potential of the Russian economy will not exceed 1.5% without structural reforms.

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