By the end of 2016 the level of inflation in Russia will be 6.5%, whereas in 2017 it will continue to decrease, having reached the Central Bank’s target of 4%.
This forecast was provided by the International Monetary Fund (IMF) in a published report following the finishing of a mission of this financial organization in Russia in 2016.
According to IMF experts, inflation in Russia has significantly slowed down as a result of weak economic activity, tough monetary policies and the measures taken by the government to limit the growth of incomes.
