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Incident of the day

The chamber "corrects" inflation forecasts

The chamber The chamber believes that the Outlook for inflation at 7.5%, will most likely be exceeded. This is stated in the conclusion of the office "On the Federal budget for 2015 and for the planning period 2016 and 2017".Assessment of the accounting chamber, to achieve the expected level of inflation for 2014 October - December 2014 he should be 1.1% and the average growth rate of consumer prices should be less than 0.37 %.The risk of exceeding the projected level of 7.5% is due, according to experts, high inflationary expectations. They are likely to exceed the estimated rate of growth in food prices due to an embargo on imports of certain agricultural products, raw materials and other goods.On inflation, as argued in the SP of the Russian Federation, the remainder of 2014 may have a negative impact and the weakening of the ruble against the dollar. . . . Read more -->

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