Influence of a drought on inflation will remain till the end of the year, Kudrin

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Influence of a drought on inflation will remain till the end of the year, Kudrin

02/10/2010

"The Effect is already shown, and it basically will be shown till the end of the year. From the beginning of next year the effect of a drought will be gradually leveled, and the prices are stabilized", - Kudrin has told.

 

Yalta, 2 окт - RIA Novosti news agency. Influence a summer drought on key economic indicators - economic growth and inflation - are already shown, and this effect basically will remain till the end of this year, the vice-premier, the Minister of Finance of the Russian Federation Alexey Kudrin considers.

"The Effect is already shown, and it basically will be shown till the end of the year. From the beginning of next year the effect of a drought will be gradually leveled, and the prices are stabilized", - Kudrin on Saturday in interview to TV channel "Russia 24" has told.

"Now we estimate prospects (influence) of a drought for economy. Rate of increase will be hardly more low, and inflation - hardly above", - considers the Minister of Finance.

The Chairman of Bank of Russia Sergey Ignatyev said in the end of September that, by Central Bank estimations, the effect from a drought and summer natural anomalies in Russia will be felt till autumn of next year .

In September inflation in the Russian Federation, according to Ministry of economic development and trade, will make 0,9 % .

The Source: http://rian.ru/economy/20101002/281512682.html