OREANDA-NEWS Russian Finance Minister Anton Siluanov predicted inflation in 2024 at 4.5 percent, TASS reports.

According to him, "so that people do not feel" it, all social benefits in the country are increased by the projected inflation rate.

The announced level of expected price growth corresponds to the indicator planned by the law on the three-year budget. His materials noted that inflation is expected to reach 4.5 percent next year, and 4 percent in 2025 and 2026.

Earlier, analysts interviewed by the Central Bank announced inflation of 7.6 percent by the end of 2023. On the eve of December 7, the head of the Ministry of Economic Development noted that the growth rate of consumer prices in Russia continues to remain at a high, but not so critical level.