Support The Moscow Times!

Experts See Inflation at 6.1% in 2013

Russia's inflation in 2013 will amount to 6.1 percent, economists and analysts at 19 investment banks said in a survey.

Their GDP forecasts for 2013 were less optimistic than those of the Economic Development Ministry. Meanwhile, inflation and economic growth for 2012 almost fully met the government's expectations.

In December, economists lowered their estimates for 2012 inflation, from 6.8 percent to 6.6 percent. The Economic Development Ministry estimates inflation at 6.5 percent for 2012, and in 2013 at 5-6 percent.

Experts' estimates regarding economic growth have not changed since last month. As before, analysts expect a slowed rate of GDP growth, from 4.3 percent in 2011 to 3.6 percent in 2012, and 3.2 percent in 2013.

(MT)

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more