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Inflation: The 2011 budget forecast inflation for the fiscal year at 5 percent.
According to the Bank's forecast, inflation will continue to rise in 2006.
On May 6th the OECD forecast inflation would be only 0.7% in 2014, rising to just 1.1% next year.
And a forecast inflation rate of 12% this year is proof that there is no "shortage" of roubles.
That is in line with forecast inflation, but the unions argue that it does not account for past price rises.
The cap will rise, but only in line with forecast inflation, to £127 billion in 2018-19.
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Investors were also apparently reacting to signs of financial pressures in Europe and to the possibility that China's higher-than-forecast inflation rate of 4.4 percent in October could lead to measures to slow its economy.
The government forecasts inflation of 6.5percentt.
It forecasts inflation of 15% this year and a 5% fall in GDP.
Economists are forecasting inflation of just 0.7%, according to the consensus in a Reuters poll.
It is forecasting inflation of just 1.3% next year, 1.5% in 2018 and 1.7% in 2019.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com