Reshetnikov: The Ministry of Economic Development predicts that in 2023 inflation in Russia will be at 5.3%
MOSCOW, April 14 – RIA Novosti. In his speech at the joint meeting of the boards of the Ministry of Finance of the Russian Federation and the Ministry of Economic Development, Maxim Reshetnikov, Minister of Economic Development, said that the Ministry of Economic Development predicts inflation in Russia in 2023 at the level of 5.3%.
The forecast has been improved from the September forecast of 5.5%.
Food inflation slows in Russia
“According to this year’s results, it will be at the level of 5.3 percent. According to what? There will be no indexation in tariffs. Last year we had a good harvest and we are already getting positive reviews from the Ministry of Internal Affairs. Agriculture for this year,” Reshetnikov said.
According to the latest data from the Ministry of Economic Development, annual inflation in Russia fell to 3.15% on April 10, from 3.29% a week ago.
At the end of last year, prices in Russia increased by 11.9%.
Mishustin said that the Russian economy is coping with the main difficulties.
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