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Russian inflation 1.2% so far this year - Federal Statistics Service

21.01.2009

MOSCOW, January 21 (RIA Novosti) - Inflation in Russia has been 1.2% so far this year, against 1.8% for the same period last year, the Federal Statistics Service said Wednesday.

Between January 13 and January 19 consumer prices increased 0.4%. According to government officials and experts, inflation for the whole of January is expected to be lower than in January 2008 but could rise in February.

Finance Minister Alexei Kudrin said Monday that Russian consumer prices could grow 13% in 2009.

In 2008, Russia's inflation reached 13.3%, according to the Federal Statistics Service.


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