OREANDA-NEWS  Inflation in Russia will approach 5.2% by the end of this year, and will be close to the target level of 4% starting in 2027, said Deputy Prime Minister Alexander Novak.

"Inflation will approach 5.2% in 2026 and will be close to the target level of 4% starting in 2027," Novak said in an interview with Vedomosti newspaper.

He added that price growth in Russia has slowed significantly and continues to slow down.