Russia's President Dmitry Medvedev will discuss on Wednesday measures to curb consumer price growth and provide additional financing for the modernization of the Russian economy.
In 2010, Russia's consumer price index rose 8.8%, far above the government's inflation forecasts, largely due to a drought that damaged almost 40 percent of Russia's crops in August.
In January 2011, inflation was 2.4%, exceeding the Economic Development Ministry's forecast of 2.1-2.3%.
Deputy Economic Development Minister Andrei Klepach has said the 2011 index could be above 7-8%, but the government is still maintaining its official 2011 forecast at 6-7%.
Russian central bank head Sergei Ignatyev told a meeting on banking sector development that by 2015 inflation could be reduced to 5%.
MOSCOW, February 9 (RIA Novosti)
