A serious price increase may come in Russia

The US Morgan Stanley bank group increased its Russian inflation forecast for this year, from 9 percent to 13.7 percent on Monday.

According to the communication of the Russian Statistical Office, in 2013 annual inflation accelerated from 6.5 percent to 11.4 percent. Morgan Stanley estimates that inflation will reach its peak in April, when the expected rate of inflation will be 15.1 percent in an annual comparision. (MTI)