Inflation in Russia reaches 3.1%: Economics Minister German Gref
![Inflation in Russia reaches 3.1%: Economics Minister German Gref](https://mf.b37mrtl.ru/files/oldfiles/business/inflation-in-russia-reaches-31-economics-minister-german-gref/466e8ef82d06b.si.jpeg)
Russian consumer prices grew by 0.3% in the first 12 days of March, which means this year has already seen an inflation of 3.1%, says Economics Minister German Gref.
Analysts say the government is on track to meet its 2007 inflation target of 8%. But the rate will be even lower if international prices for oil, Russia's main source of revenues, remain at current levels.
You can share this story on social media: