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Inflation unlikely to exceed target, official says

February 22, 2008 | RBC

Russia's inflation rate is expected to remain within the estimate of 8.5 percent unless there is a surge in food prices, Deputy Economy Minister Andrei Belousov told journalists today. The February data has been positive so far, Belousov noted, adding that Russia is keeping its inflation rate within the target. However, the official did not name specific figures.


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