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Russia's economy expected to rally in early 2012
27.12.2011 09:17 "Agro Perspectiva" (Kyiv) —
The Ministry of Economic Development and Trade expects the Russian economy to fully overcome the crisis setback in early 2012. This was reported by Economic Development Minister Elvira Nabiullina, recalling her department’s forecast for GDP growth in 2011 at 4.24.5%.
Industrial production for 2011, according to the Ministry, will grow by 4.7%, while the inflation forecast is lowered to 6.26.4%.
«The results of the year can be estimated as good, in spite of external turbulence and whats happening on world markets,» said Nabiullina. According to her, Russia has every chance of entering the New Year in good shape, and further increasing pace of economic growth. Source: RIAN.
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