June 4, 2018 / 8:08 AM / 18 days ago

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

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.

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

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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