All news

Russia's economic growth will reach 2.1% by year end, finance minister says

MOSCOW, June 27. /TASS/. Growth of the Russian economy in 2018 will reach 2.1%, real wages will grow by 6.3%, First Deputy Prime Minister Finance Minister Anton Siluanov said on Wednesday.

"We see that inflation is falling compared to the planned figures. We planned 4%, in the draft amendments, in the forecast we take into account 2.8%, growth of the economy this year is 2.1%, it grows at a faster pace, in addition to industrial production real wages are growing. Growth of real wages in the current year we estimate at a rate of 6.3%," the minister said.