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Economy Ministry reveals monthly inflation rate
RBC, 24.11.2009, Moscow 10:01:14.According to preliminary data from the Russian Economic Development Ministry, Russia's inflation amounted to 0.3-0.4 percent in November 2009, and accrued inflation amounted to 8.4-8.5 percent, acting head of the ministry's macroeconomic forecasting department Oleg Zasov told journalists today. The ministry indicated that inflation on the consumer market stood at zero percent in September and 8.1 percent for the year, compared to 10.6 percent for January-September 2008. Meanwhile, in the industrial sector, inflation amounted to 1.2 percent in September and 14.9 percent for the year-to-date. Russia's inflation forecast has already been cut from 11-12 percent to 9 percent for this year.
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