MOSCOW, 22 sen — news. In the base forecast of development of Russian economy in the years 2017-2019, prepared for the President and the government by experts of the Ministry of economic development, the deterioration of most indicators compared to the same April document, the newspaper “Vedomosti”.
According to the new forecasts, inflation in 2019 will be 4.1 percent instead of the previously expected 4 percent, GDP volume is projected in the amount of 98.3 trillion rubles against the alleged 101, 4 trillion rubles.
As for the dollar, then the value of American currency will be the ruble 64.4 instead 62.7 ruble.
However, there is good news: new version of the forecast rate of inflation for the year 2016 reduced from 6.5 at 5.8 percent.
Overall, the forecast is presented in three versions: “basic”, “basic+” and “target”. The first is based on the price of oil to $ 40 per barrel, “basic+” and “target” imply an annual average price of oil at around 50-55 dollars.