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Finance Ministry unveils February inflation forecast

February 11, 2008 | RBC

Russia's Finance Ministry expects inflation to be 1.1-1.2 percent in February 2008, Finance Minister Alexei Kudrin told the State Duma today. Commenting on the high inflation level in January (2.3 percent), the Minister noted that inflation was traditionally high at the start of the year due to annual increases in utility tariffs.

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