Inflation in Moscow sets new historical minimum in 2016

Inflation in Moscow sets new historical minimum in 2016

Inflation in Moscow reached a new historic low of 7.8% by the end 2016, the press service of the Moscow department of economic policy and development.

Over the past year the economy of Moscow has managed to successfully adapt to the new economic realities and embarked on the path of progressive development thanks to low inflation, the head of the department Maxim Reshetnikov said, noting that inflation in the capital may continue declining, RIA Novosti reports.

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