OREANDA-NEWS. Inflation in Russia at the beginning of 2020 can reach 3%, Russian President Vladimir Putin said at a large press conference. “Russia, of course, is one of the leaders among emerging markets in terms of the financial and budgetary system. According to the latest data, this year we have 3.25% inflation. This is a very good indicator for us. At the beginning of next year, we may well see 3 %", Putin said.

He added that one of the conditions for economic growth is inflation targeting. "We are not afraid of inflation, we believe that it's necessary to target and reduce it, because inflation growth means a reduction in real incomes of citizens", said the President of the Russian Federation.

The president also said that the revision of the Minsk agreements could lead to a deadlock in eastern Ukraine. This opinion was expressed by Russian President Vladimir Putin on Thursday at a large press conference, answering a question about the prospects for a settlement in the Donbass and about the attitude to the latest Kiev statements on this topic.