|
Economic Development Ministry Ups Inflation Threshold
 29.07.08 The RF Economic Development Ministry has increased upper threshold for 2008 inflation from 10.5 percent to 11.8 percent, RIA Novosti reported Monday with reference to an unnamed source with the ministry.
The outlook sets a new range of 10.5 percent to 11.8 percent. More likely than not the inflation will be roughly 11.8 percent, the source said.
In late last week, the RF Economic Development Ministry provided to Finance Ministry its calculations related to the macroeconomic indicators for this year and up to 2011. The figures will be agreed on and forwarded to the government in the next effort.
The 2009 inflation outlook was increased to between 7.5 percent and 8.0 percent, the source specified.
Read More about Services from Alinga Consulting Group
Questions? Ask Alinga's Experts!
| Source: "Kommersant" |  |

|