10 Oct 2012 15:41

Russian Finance Ministry agrees with 7% inflation forecast for 2012

MOSCOW. Oct 10 (Interfax) - The Russian Finance Ministry agrees with the Economic Development Ministry's forecast of 7% inflation in 2012, Finance Minister Anton Siluanov told the press on Wednesday.

"It will be up to 7%," he said.

Economic Development Minister Andrei Belousov previously said that inflation will come to around 7% for the year.