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Russia's inflation revealed for May

      RBC, 07.05.2008, Moscow 16:47:52.Between April 29 and May 5, 2008, Russia's inflation reached 0.3 percent. In May, inflation amounted to 0.2 percent for the month to date, and 6.5 percent for the year to date, compared to 0.2 and 4.2 percent respectively in 2007, the Federal State Statistics Service (Rosstat) said. The Finance Ministry predicts that inflation will reach 10 percent in 2008, an upward revision from the initial target of 7.5-8.7 percent.

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