Russia’s Central Bank Sees 2014 Economic Growth at 1.5% | Business | RIA Novosti

Russia’s Central Bank Sees 2014 Economic Growth at 1.5% | Business | RIA Novosti:



"MOSCOW, February 14 (RIA Novosti) – The head of Russia’s central bank said Friday that she expects the economy to grow by 1.5 percent to 1.8 percent in 2014.



Elvira Nabiullina said growth is being curbed by weak consumer demand.



“Internal consumer demand will remain the basic factor driving economic growth this year, but it will be limited by a fall in income growth and slowing credit growth,” Nabiullina said.



Other official predictions have been more optimistic."



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