iShares Funds Distributing Capital Gains:

As the Economics Ministry noted, it was already clear at the beginning of October that price conditions were worse than the year before. ?Between January and September 2007, inflation on the consumer market totaled 7.5 percent, as opposed to 7.2 percent a year ago,? the ministry wrote. ?The last six months have been characterized by noticeable (double digit) hastening of inflation compared to the previous year. In the second quarter, price growth reached 2.2 percent, against 1.1 percent a year ago. In the third quarter, it was 1.8 percent, against 1.1 percent.?

Inflation in Russia decreased every year, at least a little, before this year, while remaining monstrously high by the standards of both industrialized and developing countries, but this year it is increasing. It already seems strange to talk about the lower inflationary expectations of the public. read more