Russian inflation could hit 17-20% this year - audit chamber chief

– Inflation in Russia may attain between 17% and 20% this 12 months, Alexei Kudrin, the top of Russia’s audit chamber, mentioned on Wednesday.

Annual inflation in Russia accelerated to 16.70% as of April 1, its highest since March 2015, the financial system ministry mentioned final week, because the unstable rouble despatched costs hovering amid Western sanctions over Ukraine.