Capital inflow into Russia since the start of 2007 was $70 billion, President Vladimir Putin said Friday. "Last year, capital inflow was $41 billion, this year $70 billion," Putin told a discussion forum. Putin said he believes inflation in 2007 will have totaled slightly more than 8%. According to a government plan, inflation in Russia in 2007 should not exceed 8%. In the first eight months of the year, consumer prices grew 6.7%. Putin said he does not fear an economic crisis in Russia could be caused by world market instability. "There are no big fears," he said, answering a question asked by forum participants. Putin said that nine years ago Russia`s economy was totally different from the present one. "[Then] we had a huge state debt, we were on a debt needle to the IMF and the World Bank, even more than we today depend on oil and gas," he said. The Russian leader said Russian economy`s diversification has started. "This is also an element and a sign of stability," he said.