June 4, 2018 / 8:08 AM / 6 months ago

Russia's economy minister sees 2018 inflation at 2.7-3.2 percent

FILE PHOTO: Russian Economy Minister Maxim Oreshkin reacts as he attends a session of the Gaidar Forum 2018 "Russia and the World: values and virtues" in Moscow, Russia, January 17, 2018. REUTERS/Sergei Karpukhin/File Photo

MOSCOW (Reuters) - Russian Economy Minister Maxim Oreshkin said on Monday he expected inflation to stand at between 2.7 and 3.2 percent at the end of 2018.

Russia’s gross domestic product was expected to rise by between 1.6 and 2.1 percent in 2018, Oreshkin said.

Reporting by Darya Korsunskaya and Elena Fabrichnaya; Writing by Tom Balmforth; Editing by Toby Chopra

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