Russian inflation is expected to increase by 0.6% in December 2011 and total 6.2-6.5% in the year, Russian Deputy Minister for Economic Development Andrey Klepach said, ITAR-TASS reports.
GDP growth was raised from 4.1% to 4.2%. Klepach did not rule out that GDP may actually turn out to be greater.
He also said that forecasts of oil prices are expected to reach $109 per barrel, rather than the current $108. The retail trade will increase by 6%.
Investments remain at 6%, Klepach underlined. Some companies show positive growth of 8-9%. Industrial growth was reduced from 4.8% to 4.7%. Capital outflow in 2011 is expected to reach $80 billion or more.
