World Bank raises 2015 growth forecast for Russia

MOSCOW (Reuters) - The World Bank said on Monday it expects Russia's economy to contract less sharply than previously thought this year, citing a recovery in oil prices in recent months, a stronger rouble and slowing inflation.

It said it now sees gross domestic product falling by 2.7 percent as opposed to by 3.8 percent.

(Reporting by Alexander Winning; Editing by Lidia Kelly and John Stonestreet)

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