?At the present time we are talking about how not to exceed the levels of 2004. If the inflation amounts to 11.5 percent, we can say ?you?ve done a good job, guys?,? Mikhail Delyagin said on the sidelines of a press conference. ?But I?m afraid that in reality will be above 12 percent.?
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Inflation In Russia Gains Momentum
Mikhail Delyagin, the head of the Institute of Modernization, said inflation in Russia may exceed 12 percent in 2005
Mikhail Delyagin, the head of the Institute of Modernization, said inflation in Russia may exceed 12 percent in 2005.
He added that the government needs taking certain anti-monopoly measures in a number of sectors of the economy to curb inflation.
?At the present time we are talking about how not to exceed the levels of 2004. If the inflation amounts to 11.5 percent, we can say ?you?ve done a good job, guys?,? Mikhail Delyagin said on the sidelines of a press conference. ?But I?m afraid that in reality will be above 12 percent.?
The expert said that the only way to achieve 10 percent inflation this year is to threaten State Statistics Committee employees with jail.
?At the present time we are talking about how not to exceed the levels of 2004. If the inflation amounts to 11.5 percent, we can say ?you?ve done a good job, guys?,? Mikhail Delyagin said on the sidelines of a press conference. ?But I?m afraid that in reality will be above 12 percent.?
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