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Россия 11.01.2017

Medvedev considers it possible to achieve an inflation rate of 4% in 2017

Источник: news.rambler.ru
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Inflation in Russia by the results of the last year reached the historic minimum and amounted to 5.4%, reaching a landmark of the Central Bank on inflation of 4% in 2017 is quite realistic, said Prime Minister Dmitry Medvedev.
"We have maintained a crucial macroeconomic course, ensured the stability of capital markets even under sanctions pressure. We were able to reduce inflation seriously, its value in 2016 is minimum in the recent history of Russia — 5,4%. The achievement of the inflation target of 4% this year is realistic," — said Medvedev, speaking at a meeting on preliminary results of implementation of the government action plan in 2016.

He noted that last year the conditions were created for accelerated import substitution in a number of areas, including agriculture. The Prime Minister also indicated that the government was able to maintain the predictability of budgetary and tax policy.

Read full article in Russian on DairyNews.ru
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