By Olga Razumovskaya
MOSCOW--Russia's inflation rate in 2016 will likely be 5.5%, Prime Minister Dmitry Medvedev said in televised comments Thursday.
The government currently forecasts 2016 inflation at 5.8%.
Mr. Medvedev said, however, that after speaking with the economy minister, he believes inflation will likely be around 5.5%.
Mr. Medvedev also said the country's grain harvest stood at 118 million metric tons. "This is the biggest harvest in all of Russia's modern history," he said.
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(END) Dow Jones Newswires
December 15, 2016 04:52 ET (09:52 GMT)
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