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)

Sign up for our free weekly newsletter

Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview
Subscribers agree to the Privacy Policy

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

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 every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

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

Read more