Saturday, January 31, 2015

Rosstat estimates for GDP change in line with expectations of Economic Development – Grivna.info

Rosstat estimates for GDP change in line with expectations of Economic Development – Grivna.info

The experts of international level are actively engaged in their own predictions about the possible volume of Russia’s GDP in the current year. But look at them scared, because everyone seems to be darker previous.
Most optimistic forecast made by the International Monetary Fund. The data obtained can hope to increase GDP only 3%. And if it’s October forecast of growth was 0.5%. At the same time the EBRD expects this year the fall of the Russian economy to 4,8%.
Agency Moody’s, which has already managed to lower the ratings of Russian enterprises, says that GDP in this period will fall by 5.5%. This same effect on activity in the Armenian economy, as these two countries are heavily tied economies. Another agency – Fitch predicts a decrease of 4%. But his conclusion also applies to inflation, which, according to Fitch, will increase by 8,5%.
However, Ministry of Economic Development on the development of the state of the economy is expressed not as categorical as all Western experts. But, of course, and allows reduction of GDP by 4 or 5%. Only now, these optimistic figures may be possible only under the condition that the oil will still cost per barrel at $ 45.

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