Putin says sees 2016 inflation in Russia at 5.7-5.9 percent

Russian President Vladimir Putin sits before the start of the opening ceremony of the G20 Summit in Hangzhou

MOSCOW (Reuters) – President Vladimir Putin said on Tuesday Russian inflation this year was likely to stand at between 5.7 percent and 5.9 percent.

“We expect (inflation at) less than 6 percent this year, it will be around 5.7-5.9 percent,” Putin told a meeting with representatives of Russia’s main United Russia party.

(Reporting by Olesya Astakhova; writing by Polina Devitt)