ST. PETERSBURG, July 3. /TASS/. The situation in the fuel market will impact Russia’s GDP in the second quarter of this year, but no negative figures are expected, Central Bank Deputy Governor Alexey Zabotkin said.
"The reduction in intake in the fuel sector will, of course, be reflected in the Q2 figures," he told reporters.
Asked whether GDP could turn negative in the second quarter, Zabotkin said: "I don't think so."
An updated medium-term macroeconomic forecast will be released at the meeting of the regulator’s Board of Directors on July 24, he noted.
"The forecast will be updated in July, taking into account all the parameters included in it," the official said.