April 1 2014, 09:10 Source: APK-Inform Views: 1296

Russia: GDP growth to total 1.2% - Standard & Poor's

On April 1, 2014, the international rating agency Standard & Poor's forecasted retardation of the growth rates of the Russian GDP in 2014 to the level of 1.2%, and its following rising to 2.2% in 2015, in terms of the gradual fall of the strain in relations between Ukraine and Russia.

The alternative scenario of the experts is maintenance of the geopolitical environment strain within whole 2014. In such case the economic consequences will be more significant, but the negative effect on the growth of Russian GDP to be refrained by significant correcting of the import volumes, which will be the result of the domestic demand decrease. According to the scenario, in 2014 the GDP growth in Russia will total 0.6%.


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