The Minister of Economy can not imagine what will be the inflation rate for the year

Economy Minister Nikolai Snopkov believes that the inflation forecast for this year is difficult.

"The forecast does not consider it and would like to make a mistake in this figure. Indicator will depend in including, and how the National Bank will determine the equilibrium rate and how much reduction of budget expenditures will allow us to meet the rate of GDP growth ", — quotes Snopkov Interfax.

Since the beginning of the year to 19 April inflation was 8.8%. In the budgeted that inflation for the whole 2011 must not exceed 8.5%.

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