Reshetnikov: inflation "starts to fizzle out", the economy shows a recovery

July 2. FINMARKET.RU – The Ministry of Economic Development of the Russian Federation will present an interim macro forecast next week, in which it will increase the current inflation forecasts for 2021 (now only 4.3%) and the forecast for GDP growth for 2021 (now 2.9%), told reporters yesterday Minister Maxim Reshetnikov at a briefing. According to him, in June inflation will slow down to about 0.65% from 0.74% in May.

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