27 May 2004 18:50
RUSSIA: INFLATION TO REACH 0.6 PERCENT IN MAY
Consumer prices may rise 0.6 percent in May, Andrei Klepach, director of the Economic Development and Trade
Ministry's macroeconomic forecasts department said. The government on June 10 may agree to raise this year's
economic growth forecast from 6.4 percent after raising its forecast for the price of crude oil, Klepach said in a
briefing in Moscow. The government may also raise the forecast for industrial output this year to between 6 percent and
6.1 percent from the current 5.9 percent, according to Klepach. - (EMEconomy.com)
[InfoProd] |
RUSSIA IN FACTS
