The Russian Ministry of Economy has significantly reduced the growth forecast for the period 2015-2017.
According to the updated projections, next year GDP will grow by 1% instead of 2% and inflation is forecast at 6,5% instead of 5,5%. In addition experts anticipate a decrease in oil&gas exports: from 250 billion Euro in 2013 and 242 billion euro in 2014, to 225 billion in 2015.
(ICE  MOSCOW)

Source: ICE – 29 september 2014