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Russian Economic Development Ministry May Cut Inflation Forecast For 2025 Below 7%- Gov't

NAMPA / Sputnik
2025-07-18
MOSCOW, July 18 (RIA Novosti) - The Russian Economic Development Ministry maintains its inflation forecast for 2025 at 7.6%, but it may be adjusted to below 7% while maintaining current dynamics, the Russian cabinet said on Friday. "The continued strengthening of the ruble exchange rate was noted, as well as a decrease in inflation​​​. In May, it was 9.9%, having decreased to 9.4% in June and to 9.34% on July 14 year-on-year. The Economic Develop......
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