The Ministry of Economic Development sharply worsened the forecast for 2015
Inflation in 2015 may be about 12%, said the head of the Ministry of Economic Development Alexei Ulyukaev. The last forecast of the department, published in December 2014, said inflation at 7.5%, Interfax reports. According to Rosstat, since the beginning of January, consumer prices have risen by 2%. In 2015, Russia's GDP will fall by 3% with an oil price of $ 50 per barrel, Ulyukaev said.