Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
Russia’s Shipulin clinches gold in 20km individual race of IBU World Cup stage in ItalySport January 20, 19:18
Prominent Russian adventurer Konyukhov to take samples from Mariana Trench floorSociety & Culture January 20, 19:15
Gazprom CEO says North Stream-2 pipeline proves relevanceBusiness & Economy January 20, 19:10
More survivors found in avalanche-hit Italian hotel — mediaWorld January 20, 18:48
MOSCOW, December 22. /TASS/. US bank JP Morgan has increased the forecast of the Russian economy contractions in 2015 to 3.3% from 0.8%, the bank said in a report Monday.
The forecast for the country’s economy contraction in 2014 is kept at 0.6%.
According to JP Morgan, Russia’s inflation will reach 10.1% in 2014 and 9.2% in 2015.
Russia’s Economic Development Ministry expects the country’s уconomy to rise 0.6% in 2014 and fall 0.8% in 2015.
On December 1, Economic Development Minister Alexey Ulyukayev said Russia’s 2014 inflation will not exceed 10%. According to the Federal State Statistics Service, inflation rose 9.4% since January 1 as of December 15.