Russia's Central Bank to Amend GDP Growth Forecast | Business | RIA Novosti

Russia's Central Bank to Amend GDP Growth Forecast | Business | RIA Novosti:



"Russia's Central Bank will change its national GDP growth forecast slightly from the current 0.4 percent for 2014, the bank's First Deputy Governor Ksenia Yudaeva said Friday.



"Our forecast is rather sensible, and if it is to be corrected, [the adjustment] will not be significant," Yudaeva said during the International Banking Forum in Sochi.



The bank's deputy governor said the risk of slower economic growth is structural, whereas "the risks do exist from the point of view of the inflation, and we have been reacting to them actively at the previous session.""



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