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Economy/Business
29 March 2018, 14:28

Experts predict record low inflation in Russia

UFA, 29 March 2018. /Bashinform News Agency, Galiya Nabieva/. In Russia by the middle of summer inflation will fall to a record 1.1% in annual terms, but in August it will increase to 1.2%, Izvestia reports.
According to a macro forecast of the G.V. Plekhanov Russian University of Economics, the slowdown in prices was primarily due to a potential decrease in the Central Bank's key rate, stable high oil prices and forecasts for a good harvest.
Author:Galiya Nabieva
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