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Fitch Has Raised the Forecast for the Growth of the Russian Economy in 2017
14.10.2017 18:28
Fitch Has Raised the Forecast for the Growth of the Russian Economy in 2017

The international Fitch rating agency has raised the forecast for the growth of the Russian economy in the year 2017 up to 2 percent from 1.6 percent expected in June. The improvement in the scenario reflects a faster increase in Russian consumer expenditures, than it was expected, as the agency said

      .”Economic growth accelerated to 2.5 percent in annual terms in the second quarter of 2017, as compared with 0.5 percent in the first quarter, thanks to private consumption and investment” – Fitch noted. The growth of private consumption is promoted by low unemployment, growth of the population incomes and better conditions in the credit sphere, as the experts think.


Author: Anna Dorozhkina


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