Russia's 2011 inflation level under 7.5% - Putin

Russia's inflation level this year will be under 7.5 percent, Russian Prime Minister Vladimir Putin said during his annual address to parliament on Wednesday.

"The inflation has begun to decrease in March and April of this year," Putin said. "We do not expect it to rise beyond 6.5-7.5 percent."

MOSCOW, April 20 (RIA Novosti)