Russian Economy Ministry hikes inflation forecast, cuts 2015 growth
MOSCOW (Reuters) - Russia's Economy Ministry has raised its 2014 inflation forecast to 7-7.5 percent from 6 percent, Deputy Economy Minister Alexei Vedev told a briefing on Tuesday.
The ministry left its 2014 gross domestic product (GDP) growth forecast unchanged at 0.5 percent, while cutting the growth forecast for 2015 to 1 percent from 2 percent, Vedev said.
(Reporting by Darya Korsunskaya; Writing by Jason Bush; Editing by Maria Kiselyova)
