Russia could have 0.4% inflation in March - minister
MOSCOW. March 14 (Interfax) - Russia could have approximately 0.4% inflation in March, Economic Development Minister Elvira Nabiullina told reporters.
"The March inflation forecast is something like 0.4%," she said.
Inflation in Russia came to 0.4% in February 2012 after 0.5% in January. Inflation came to 0.6% in March 2011.
Commenting on the situation with capital outflow from Russia, Nabiullina said; "there's been a slight decrease in the outflow".
She also said that the ministry will present an adjusted socio-economic forecast for 2012-2014 to the government at the start of April, which will include a reduced investment forecast for 2012.
"We will revise the forecast and present it to the government at the start of April. We will adjust all estimates, including those on fixed capital investment. [This is] because our 2011 base increased [the increase in investment for 2011 was raised from 6.2% to 8.3% in the first estimate]. Therefore, we'll adjust the estimates for 2012," she said.
When asked about Strategy 2020, Nabiullina said that the document is now being developed.