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Klepach predicted 4.5% inflation in 2017

Published: February 27th, 2017

MEF expert Andrey Klepach declared that inflation in Russia may reach 4.5% by the end of 2017

"I think about 4.5 percent," he said

Klepach also said that the growth of Russia's GDP may reach 1,2% by the end of 2017. However, he believes that it is possible to achieve GDP growth at 3% in 2018-2019.

Vladimir Putin the President of Russia said earlier that inflation in Russia continued to decline and the rate was below 5% in February.

Source: gazeta.ru