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Moody’s increases Russia’s GDP growth forecast from 1

January 21, 2014, 17:51 UTC+3 MOSCOW
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MOSCOW, January 21. /ITAR-TASS/. The Moody’s credit rating agency has increased a Russian economic growth forecast from 1.5% to 1.9% in 2014, the press release of the agency said on Tuesday.

According to Moody’s analysts, restoration of economy in the euro zone will support Russian exports, expenses on development of infrastructure will positively influence investment. Meanwhile, the agency expects that unemployment rate in Russia may grow from 5.5% to 6.3% in 2014.

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